Bentley goes open, open source that is
In October, at its Year in Infrastructure event, Bentley Systems announced that part of its vision for AEC industry interoperability would go open source. It was a big deal announcement and deserves more than the mention I was able to give it at the...
Quickie: Siemens adds to wire harness offering by acquiring COMSA & LDorado
Siemens just announced it is acquiring COMSA Computer und Software GmbH, developer of electrical systems design and wire harness engineering software. I was not aware of Its LDorado suite, but Siemens says it is the leader in harness design and...
Quickie: Aras raises another $70 million in funding
Aras just announced that it has raised another $70 million in equity funding, this time led by Goldman Sachs Private Capital Investing group with participation from Silver Lake Kraftwerk and GE Ventures, both prior investor. These funds...
Just in: Envenio becomes part of JUUL
Now this is interesting. Envenio, which offered cloud based, on-demand, GPU-powered CFD simulation, just sent out an email saying they've been acquired by JUUL and will cease independent operations at the end of December....
Autodesk’s FQ3: 4M subscribers, double prior max users
Last week's announcements by Autodesk can be divided into two parts: the acquisition of PlanGrid, which I've written about here, and the earnings themselves, which we'll cover below. PlanGrid isn't yet part of Autodesk, so doesn't fit into the earnings...
ESI’s Q3 license revenue up 16% on a large early renewal
ESI Group just reported results for its fiscal third quarter that could signal a return to growth after a lackluster first six months of the year. The details: Total revenue was €28 million, up 12% as reported and up 12% in constant currencies...
Happy Thanksgiving!
Wishing you and yours a moment of calm. And pie, of course! Image courtesy of pixabay.com
Autodesk+PlanGrid is a big bet on construction digitalization
What does almost one billion US dollars buy? In Autodesk's case, PlanGrid. Yesterday, as part of its quarterly earnings, Autodesk announced that it will acquire the privately-held PlanGrid for $875 million, net of acquired cash. That's a heck...
AVEVA’s H1 benefits from solid execution
Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc)....
PTC buys Frustum, as gen des heats up
Not sure what gen des is? Generative design is the use of assistive technologies to help refine a design. Need a chair to hold a certain sized person? Give a gen des tool a set of parameters, and let it design the chair for you -- that's called topology...