Quickies: Mensch und Maschine on digital twins for machining — and have pie for Pi Day
Last month, at the start of earnings season in our PLMish world, Germany's Mensch und Maschine (MuM) released preliminary figures for 2023 that showed solid business execution, even as Autodesk fiddles with its pricing and changes how buyers will work with it and its...
Cadence to buy BETA CAE for $1.24 billion
Wow. Cadence just announced that it is buying all of the shares of BETA CAE Systems for --hold on-- $1.24 billion in a cash (60%) and Cadence common stock (40%) deal. That's a lot of money (IMHO, even for a terrific asset like BETA) - why is Cadence doing this?...
Sandvik to acquire Cimquest, the CAM & 3DP reseller
We interrupt space and earnings news to tell you about another acquisition: Sandvik has announced that it will acquire Cimquest, the largest Mastercam reseller. (Remember that Sandvik acquired CNC Software, the maker of Mastercam, in 2021.) In the press release,...
“Welcome to the Moon”
Yesterday was SUCH a strange day. It started normally enough for a Thursday during earnings season: try to catch up on the earnings released the evening before — while answering emails about them and other recent doings. Oh, and all of the non-earning stuff, too. I...
Keysight+ESI = so far, so good
We’re deep into earnings season and getting a sense of where things stand. Most PLMish companies seem cautious about the near term, with more optimism about the second half of calendar 2024. I’ll try to do a recap soon, but today, I want to focus on Keysight, the...
Altium to be bought by Japanese chipmaker Renesas for nearly $US 6Billion
From the "I did not see this coming" file, news just broke that Renesas Electronics will acquire Altium for AUS$9.1 billion (roughly $5.91 billion) in an all-cash transaction. You may remember that in 2021, Autodesk offered AUS$38.50 per share for...
Nemetschek’s view: AEC is doing OK, thank you very much
Remember how the VAR results I wrote about yesterday showed some weakness in AEC? Like many things, that may be the case, but not for everyone. The Nemetschek Group just announced preliminary results for 2023 that beat the revenue and margin forecasts set just last...
Being a VAR is tough: updates from Mensch und Machine, Addnode, and Rand
Mensch und Maschine (MuM) reported preliminary Q4 and 2023 results yesterday, and that prompted me to look: Addnode's results came last week, and Rand Worldwide published an update last month — so, let’s take a look at the value-added reseller economy, at least, as it...
Dassault Systèmes reports Q4 2023, all in on subs
Earnings season is in full flow, and it's time to catch up. Sandvik and SAP told us that the December quarter was pretty good. Demand was better than expected; those projected economic slowdowns, the effects of wars, and supply chain interruptions weren’t as harmful...
4 on a Monday: SAP and Sandvik report results, GT acquires, more on Synopsys+Ansys
PLMish and PLM-adjacent earnings ramp up this week, with PTC, Hexagon, Dassault Systèmes, and others announcing, but we’ve already some news. SAP, the enterprise software biggie, announced that Q4 revenue was €8.5 billion, up 5%, and that total revenue for fiscal 2023...