Autodesk’s anti-piracy efforts finally pay off – oh, and the looming end of maintenance
We've had a bit of an earnings bottleneck here at Schnitger Corp. HQ, but let's see if we can get caught up before more news rocks our world. You are washing your hands while humming Happy Birthday twice or the chorus from Stayin' Alive, right? You could do CPR to...
Ansys acquires Lumerical for photonics ICs
Ansys just announced that it will acquire Lumerical, maker of the DEVICE suite of component-level simulation products for modeling the optical, electrical and thermal effects in the performance of photonic integrated circuits. What's a photonic integrated circuit?...
Super-quick, the VIX volatility index is … crazy
I wrote about Bentley's potential IPO a few weeks ago and mentioned that the company had, in its last possible IPO, told me that it looked at the VIX index to help determine the exact timing of a sale of its shares. Not going into that again, but this week's sell-off...
Hexagon adds Romax for electric drivetrain MBSE
Hexagon just announced that it will acquire Romax Technology Limited, maker of the Romax Nexus suite of solutions for concept design, durability, NVH and other simulations for electromechanical drivetrain design and simulation. Nexus is a cloud-enabled model-based...
Schneider Electric reports 2019 revenue up 6%, growing focus on digital offerings
Schneider Electric is a massively complicated company, making everything from home energy management solutions to software to operate production facilities. And, as we saw last week, looking to get into building construction with its proposed acquisition of RIB...
Tech Soft 3D secures backing from Battery Ventures
Investor interest in out little PLMish world remains strong. Tech Soft 3D yesterday announced that it has closed a "significant" investment from Battery Ventures and that Battery General Partner Morad Elhafed and Vice President Satoshi Harris-Koizumi will join the...
AVEVA says Q4 pipeline solid
AVEVA says Q4 pipeline "solid"Schneider Electric reported results today which mean that AVEVA also released a teeny earnings announcement. More on Schneider Electric later; AVEVA said it had seen revenue growth in the "high single-digits" on an organic, constant...
Bentley maybe inching towards an IPO again?!
Bentley issued a terse press release yesterday, saying in its entirety EXTON, Pa., U.S.A. – February 13, 2020 – Bentley Systems, Incorporated today announced that it has confidentially submitted a draft registration statement on form S-1 with the Securities and...
ESI reports revenue up 8% in 2019
ESI reported results yesterday for the 12 months ended 31 December 2019 and for the 11 months from 1 February 2019 to 31 December 2019. Since ESI is shifting its financial year to reflect the calendar, we'll just focus on the 12 month pro forma results. As a side...
Schneider Electric gets into construction, buys RIB
How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why? According to Schneider Electric Chairman and CEO,...