Super quickie: AVEVA shareholders approve Schneider deal
Over 99% of AVEVA shares voted in favor of the combination with Schneider Electric's Software Business, the entity that includes SimSci, WonderWare and other software assets of Schneider Electric SE. According to the plan outlined earlier this month, that leaves only...
Quickie: DS acquiring Exa for $400 million
Well, well, well. Dassault Systèmes (DS) and Exa Corporation announced early this morning that DS is acquiring Exa for $24.25 per share, or around $400 million. You may recall that Exa is a publicly traded company in the US, making the...
Autodesk Accelerate – so much more than PLM
"Sometimes you have to wear a shirt" isn't a typical theme at a PLMish conference, but it perfectly describes the ethos of this year's Autodesk Accelerate. Morphing from a PDM-centric conference four years ago to something straddling Fusion 360 and PLM...
Quickie: Siemens’ Mentor business buys Infolytica
Siemens announced today that it expects to acquire Infolytica Corporation, adding MagNet and Motorsolve low-frequency electromagnetics (EMAG) simulation to its arsenal, in support of electric motor, generator and electromagnetic device design....
Quickie: ESI reports slump in H1, boosts R&D investment
ESI Group today released results for the second quarter of fiscal 2018 (ending January 31, 2018, but which the company sometimes refers to as fiscal 2017). Overall, the results aren't awful -- the company suffered from both a touch comparable...
Siemens all in on digitalization and the digital twin
I spent most of a week with Siemens --the PLM team plus an assortment of colleagues from across the AG and maybe 150 media and analysts-- to learn more about the PLM business, the recent Mentor Graphics and TASS acquisitions, and to try to gauge how the AG...
Altair continues buildout, buys developer of ESAComp
Altair just announced that it has acquired Componeering, the Finnish developer of the ESAComp composites simulation software suite. I didn't know this, but Altair's announcement says that ESAComp came out of a project funded by the European Space Agency...
Aras secures investment, poised for serious growth
Aras announced last week that is has secured $40 million in funding in exchange for a minority stake in the company and a board seat. Silver Lake Kraftwerk and GE Ventures partnered for the investment. Aras said it will use the funds to drive...
Quick add to AVEVA + Schneider
A couple of people have gotten in touch about yesterday's post, where I asked whether third time's the charm for an AVEVA/Schneider Electric software deal. It's important to note that: The only thing that could derail this combination now is if AVEVA's...
Yup, it’s a go: Schneider + AVEVA fast-tracked to close this year
Yesterday's news reports were correct: AVEVA today announced that it is combining with Schneider Electric's software assets to create a much larger company, one that would have had total revenue of £658 million in the year ended 31 March 2017. The rationale remains...