Tech Soft 3D continues buildout, acquires Visual Kinematics
Tech Soft 3D today announced that it has acquired Visual Kinematics (VKI), which makes DevTools, a suite of component software development kits (SDKs) for CAE applications. This comes just a few weeks after Tech Soft acquired Ceetron, and began adding its...
PTC’s Q4 ends fiscal year on a strong note
PTC announced fiscal Q4 and 2020 results a week ago and I haven't had time for a full write-up -- and now the earnings are starting to pile up. So here's a quick recap of what we learned during the PTC call as well as some inferences we can make. I hope to get back to...
Hexagon acquires PAS Global for its OT, cybersecurity expertise
Hexagon just announced that it will acquire PAS Global, a maker of operations technology (OT) and cybersecurity solutions that are used across industries to prevent, detect, and remediate cyber threats, reduce process safety risks and make plant operations more...
Battery Ventures buys Cimatron & GibbsCAM from 3D Systems
It was just announced that Battery Ventures, an investor across our PLMish universe and most recently in Tech Soft, will buy the Cimatron and GibbsCAM software businesses from 3D Systems Corporation. But they won't be a standalone company Per Battery's announcement,...
Siemens adds computational chemistry modeling to Simcenter
This is interesting. Maybe ten years ago, innovation was all about electrifying mechanical systems. Today, it seems to rely on material science: what can we create that's lighter, stronger, conductive, responsive, or in some other way unique, as a product...
Quickie: Hexagon snaps up ESPRIT CAM solutions
Remember just yesterday, when Hexagon CEO Ola Rollén told investors to stay tuned, that there was significant acquisition activity, even in a time of Covid? Welp. Today, Hexagon announced that it will acquire D.P. Technology, maker of the ESPRIT suite of CAM...
Hexagon’s Q3 was flat year/year on an organic, constant currency basis!!
Is that awesome? No, but in the current economy, we'll take it. Hexagon reported results today that continue the theme of less-bad-than-before, though not yet upward trending. Total revenue in Q3 was €940 million, flat on an organic and constant currency basis with...
ESI’s Q3 shows slowing declines — no upturn just yet, though
ESI Group just reported its Q3 results -- and they pretty much reflect the patterns seen so far this year but hint that things may soon improve. Total Q3 revenue was €22 million, down 12% as reported, and down 9% in constant currencies (cc). The details: License...
Ansys to acquire Analytical Graphics for $700 million
Ansys just announced that it will acquire Analytical Graphics (AGI), maker of electronics simulation solutions for space applications, for a whopping $700 million, 2/3 of which will be paid in cash and the rest, through the issuance of Ansys common stock. To assemble...
A mixed bag: Schneider Electric and Dassault Systèmes announce very different Q3s
There's much to parse with both of these companies, so this is a brief recital of facts while I figure out what, if anything it all means. Press releases and recaps were in the inbox this morning, and I was immediately struck by how different the headlines were:...