Siemens acquires South African distributor ESTEQ
And the news keeps rolling: Siemens Digital Industries Software (fka Siemens PLM Software) just announced that it will acquire select assets of ESTEQ, a PLMish distributor in South Africa. [Not in the deal is ESTEQ's Test and Measurement business; it remains...
HxGN aims to help us save ourselves
Back in Vegas! I'm at Hexagon's user conference, HxGN LIVE, most of this week--so yes, not at PTC LiveWorx or Siemens Realize LIVE (so much LIVE, no?)-- with a daunting schedule of meetings and sessions. I hope to learn what makes this agglomeration of software,...
DS buys Medidata clinical trial software
Super quick: Dassault Systèmes announced that it is buying Medidata Solutions for $5.8 billion in cash. Medidata is publicly traded in the US and makes software used in clinical drug trials. This had been rumored for a while, with DS CEO Bernard Charlès telling...
Missler becomes TOPSOLID, with new owners
Missler Software announced in April (yes, I know it's old news, but it is important news, nonetheless) that it will now be known as TOPSOLID. It's not as random as it sounds: the Topsolid CAM product has a great (if expensive) reputation and few knew that it was made...
RIB takes majority stake in BSD to aid AEC collab, gain access to US market
Yesterday, RIB Software and Building Systems Design (BSD) announced that RIB is acquiring a majority in BSD. RIB, you may recall, makes desktop and cloud solutions for the construction industry that harness the data in BIM models and uses it to enable construction...
Wipro snaps up ITI
This is a really big deal: Wipro has signed a definitive agreement to acquire International TechneGroup Incorporated (probably better known as ITI), maker of the interoperability solutions that make the PLMish world possible. I saw the news from the Economic Times of...
Bentley’s 2019 corporate update: again no drama, solid growth
Bentley's spring business update call turned out to be an interesting view into the company and its products -- but we learned few new details about how the company is doing. A couple of weeks ago, Bentley released its "annual report", the key points of which I...
Autodesk’s FQ1 was led by AEC, up 37%
Autodesk last Thursday announced results for its fiscal first quarter. Were they trying to go under the news radar just before the Memorial Day holiday? (Am I really that cynical?) I dunno but the share price fell 9% at one point, and was down 5% before the stock...
AVEVA’s F19 revenue up 12% on reinvention & execution
It's always hard to pick out one factoid from a company's earnings release, but I think this one says much about how AVEVA is doing: 13 months after swallowing / being swallowed by the larger Schneider Electric Software (SES), the company reported total pro forma...
ESI: SaaS before that was even a thing
ESI just announced results for the first three months of its 2019 financial year and they were, aside from Services, pretty good. Remember that Q1 is usually ESI's weakest quarter, it's hard to grow a subscription business, and that the company is transforming itself...