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...
Here we go again: AVEVA + Schneider
While many of us Yanks were off celebrating the unofficial end of summer, the British and French were apparently hard at work. The Financial Times and other media report that AVEVA and Schneider Electric are about to announce yet another attempt at a merger --they've...
Quickie: Siemens acquires TASS & gets into self-driving cars
News just broke that Siemens has acquired TASS International, the Dutch company that makes MADYMO, among other things, to bolster its offerings for self-driving cars, occupant safety and other cutting edge apps for the automotive industry. The...
Autodesk’s Q2 signals we may be on the upswing — finally
Autodesk investors are probably a pretty happy bunch today, as last night's earnings release held mostly good news and offered an upbeat look ahead. One word: bottomed. Second word: Maybe. Some of the details (and many more are here): Total...
Quickie: ANSYS continues to roll, Q2 revenue up 7%
ANSYS reported last night that Q2 revenue was up 7% as reported (up 8% in constant currencies) to $264 million. Software revenue was up 6% to of $150 million, while maintenance and services revenue was up 9% to $114.0 million. ANSYS continues...
Quickie: Hexagon’s Q2 shows continued weakness in PPM
Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to...
Nemetschek’s Q2 shows AEC demand for tech continues to grow
Nemetschek today reported results that show how the AEC world continues to grow into advanced design and engineering solutions -- though building operations continues to lag behind the rest of the industry. The company says that continued...
Quickie: AVEVA + Schneider unlikely right now
There's so much going on right now, between earnings, acquisitions and other news-worthy stuff, that I keep starting posts and having to move on before I can finish them. I will, I will! When, though ... But many of you are asking about possible...
Quickie: DS catches Boeing, reports Q2 revenue up
Dassault Systemes, never shy about wins, folded an announcement that Boeing will be adopting the 3D EXPERIENCE platform across its commercial aviation, space, and defense divisions. That's likely a big, big deal financially and from a...
Quickie: PTC’s FQ3 suffers from weakness in Japan
It's tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan ... weak guidance for the company's fiscal Q4 ... stock gets hammered. A few of the details -- much more here:...