Ansys acquires Phoenix Integration & its ModelCenter
Ansys just announced that it has acquired Phoenix Integration, maker of ModelCenter, a tool used by many who apply the principles of model-based engineering (MBE) and model-based systems engineering (MBSE). The point of MBE/MBSE is to automate engineering processes...
4 on a Wednesday: AspenTech mulls partial sale; Siemens, 3D Systems, and Procore acquire (not each other)
There's so much going on that it's time for a mid-week news roundup: You saw that Autodesk completed its Upchain acquisition, so we won't cover that again. But there's much more to go over: Earlier today, Bloomberg reported that Aspen Tech is exploring its strategic...
Quickie: Autodesk completes Upchain acquisition
Autodesk just announced that its acquisition of Upchain is a done deal. Many of you have asked about Autodesk's plans for integration of Upchain and Fusion 360 / Vault / Forge -- and we should start seeing more information, now that the teams can actually start work....
Nemetschek starts strong, Q1 revenue up 12%cc
The Nemetschek Group recently reported Q1 results that point to a recovery in AEC -- and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant currencies, cc) to €158 millionSoftware revenue €55...
Siemens reports software revenue up 5% on demand for EDA & Mendix — improved outlook for PLM
Siemens reported results on Friday that were, overall, decent. Siemens AG reported total revenue in FQ2 of €14.7 billion, up 8% (and up 9% in constant currencies, cc). As usual, not much detail was given about the PLMish part we focus on, but here are some overall...
Altair has a great Q1 on the convergence of CAE, HPC & AI
Altair CEO Jim Scapa started off the company's Q1 earnings call by saying that their vision of the "convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence] driving enterprise decisions is emerging as a clear imperative embraced by...
Ansys has a solid Q1 but ACV concerns drag down the stock price
Ansys reported Q1 results yesterday that were both good and not-so good --are you seeing a pattern here? PTC and ESI also reported mixed news, with positive Q1 results tamped down by uncertainty around the rest of 2021. First, the details: Ansys reported Q1 GAAP total...
ESI turns the corner, back to growth in Q1
Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors during the last earnings call. Q1 2021...
Hexagon continues to improve; Q1 revenue up 10%
Hexagon reported results last week that were surprisingly good and that --remember that Hexagon doesn't itself issue guidance-- beat analyst consensus. The details: Total revenue in Q1 was €978 million, up 10% as reported and up 11% on an organic, constant currency...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone
PTC reported results last week that were both good and worrisome. The details, then what I think it might mean: Total revenue in PTC's fiscal Q2 2021 was $462 million, up 28% as reported and up 22% in constant currencies (cc) -- well ahead of guidance and everyone's...