Bentley’s S-1 shines a light on how private companies grow, “with engineers in charge”
As you probably know, Bentley filed to go public a few weeks ago. I put up a quick blog about the filing that evening and promised to read the whole thing and write about the highlights in a subsequent post. But I hit a snag. A Registration Statement, the S-1 a...
More details on AVEVA + OSIsoft — including about that rights offer
We've learned a bit more about the proposed combination of AVEVA and OSI since the announcement early last Tuesday. Much more will come out in six weeks or so when the official paperwork is filed but here's what I learned while listening to the investor and industry...
Autodesk’s Q2 revenue up 15%, comes out swinging on AEC
Autodesk has lost none of its swagger, yesterday reporting that total revenue was up 15%, with results across the metrics that investors look at ahead of consensus estimates. Even so, the company's guidance for its fiscal third disappointed, leading Autodesk's share...
AVEVA did it: reaches deal to acquire OSIsoft for $5 billion
Remember how AVEVA said it was in talks to acquire OSISoft? Appears they were successful: AVEVA just announced that it has reached agreement on the terms of an acquisition of OSIsoft at an enterprise value of $5.0 billion. Lots more detail to come but here's what we...
Bentley files its IPO — again. Finally.
So much S-1 to read ... so little time. You can see the filing for yourself here. A couple of quick highlights from the front of the document: This is an IPO for shares owned by others, as a way of creating a liquid market for Class B shares. Bentley states upfront,...
FARO buys Traceable 3D
Superquick: FARO Technologies just announced that they've acquired Advanced Technical Solutions in Scandinavia AB ("ATS"), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The point? Repeatable data capture and...
AspenTech continues trend of good PLMish news
We're learning a lot about what works and what doesn't when a global pandemic hits -- there's no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything that lets people work remotely, and risk reduction technologies...
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance
Altair reported results last week that continue the PLMish theme of "it could have been much much worse". First, the details: Total revenue was $98.6 million, down 8% as reported (and down 6% in constant currencies, cc) but ahead of the company's guidance Software...
AVEVA says it’s in talks to acquire OSIsoft
It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you're just tuning in to this news, OSIsoft makes PI (Plant...
Siemens Digital Industries software revenue up 11% – and a hint that all is well at Bentley
Siemens AG is a huge and complicated business that announced fiscal third-quarter results yesterday. Total FQ3 revenue was down 5% from a year ago to €13.5 billion. Orders, an important metric for companies that sell hardware, fell by 7% to €14.4 billion, though it...