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:...
MuM’s Q3 down 7% — but that’s better than Q2
One of the earnings bellwethers in our PLMish universe, Mensch und Maschine (MuM), reported this morning that its Q3 was ... not as bad as Q2 ... and that it expects Q4 to start ramping back up. For MuM, like many others in our PLMish universe, the year started...
CGTech to be acquired by Sandvik
Sandvik, a global engineering company with about 40,000 employees, has announced that it will acquire CGTech, the company you probably know best as the maker of VERICUT, the CNC verification and optimization software. Sandvik is a publicly-traded company in Sweden and...
Tech Soft acquires Ceetron for CAE visualization
Now this is interesting. Just into the inbox: Tech Soft 3D, the leading provider of engineering software development toolkits, today announces that it has acquired Ceetron AS, experts in developing 3D visualization technology for the computer-aided engineering (CAE)...
Bentley’s Year in Infrastructure dives deep into digital twins
Depending on whom you're speaking with, digital twins are either unfathomably complex and therefore out of reach, self-serving vendor-babble, or a really useful way of thinking about assets and technology. I'm hosting a series of panels on digital plants at Bentley...
AVEVA reports H1 revenue down 12% cc
I thought we weren't going to get an update on AVEVA earnings until Schneider Electric reports Q3 results -- but, no, it came sooner. Yesterday, AVEVA said that revenue for its April to September half-year would be around £333 million, down 15% as reported (12% in...