CGTech, Vericut now part of Sandvik
I hope you had the opportunity to unwind and relax as 2020 came to a close. Let's hope 2021 is a much kinder year! To start off the new year, a quick update: While we were pondering New Year's Eve cocktails, Sandvik announced that it completed its acquisition of...
From our bubble to yours …
There's no doubt: 2020 was hard. We made it this far, though, and look forward to meeting up with you in person in a 2021 that's better in every way!
Will PTC+Arena = SaaS dominance in PLM? Maybe
A lot of you have been in touch to talk about PTC's announced acquisition of Arena Solutions. Why do this deal? What's in it for PTC, Arena, and for their customers? What happens to Arena's PLM where it overlaps with PTC's Windchill, and vice versa? When will there be...
Hexagon adds OxBlue visual AI to AEC offerings
Hexagon just announced that it is acquiring OxBlue, a maker of high-definition, time-lapse photography, and live video streaming services, that are used in construction to capture and document progress. OxBlue, says Hexagon, takes this one step further, by adding in...
Super quick: PTC to acquire Arena for SaaS PLM
Continuing that momentum into all things cloud and SaaS, PTC says it's signed a definitive agreement to acquire Arena Solutions for $715 million in cash, "enabling the company to deliver a complete CAD + PLM SaaS solution". PTC's CEO Jim Heppelmann said in prepared...
Nemetschek adds DEXMA to its Build & Operate portfolio
Nemetschek today announced that its Spacewell subsidiary has acquired DEXMA, a provider of energy management solutions. The DEXMA Platform consists of integrations to more than 200 hardware sensors, gateways, SCADAS, BMSs and other data inputs (DEXMA Detect), which...
AspenTech acquires OptiPlant for early-stage, AI-enabled design
AspenTech just announced that it is acquiring OptiPlant, which you may know of for its automatic pipe routing -- but the company also offers additional tools to explore and select appropriate options early in the plant design process. AspenTech says, “this acquisition...
AEC shows resilience & growth — recap of Autodesk, AVEVA, Bentley & Nemetschek’s earnings
Autodesk, AVEVA, Bentley, and Nemetschek reported results for their most recent financial quarter over the last few weeks and it’s time to catch up. First, a quick recap of the individual results, then what investment analysts call a read-across — what it means in a...
We’re back!
We think. As far as we know. It's been a rocky couple of days, Internet-wise. We tried to speed up schnitgercorp.com but managed to create conflicts with some of our ISP's mechanisms. We probably could have figured it out ... but, in the end, it just wasn't worth it...
We messed up – but we’re fixing it!
We're sorry if you've had trouble over the last couple of days with the www.schnitgercorp.com website or emailing us -- we tried to make the site better and faster and clearly made it much, much worse. We've nosed out the issues and the website is back up; email is...