Ola Rollén indicted on insider trading unrelated to Hexagon, remains CEO
You know that this is news no company wants to release: Yesterday, Hexagon AB said that CEO Ola Rollén has been indicted by the Norwegian economic crime authority (Økokrim) on insider trading charges stemming from investments unrelated to Hexagon. The press release...
ADSK’s Q4 a muddle of math and accounting, better than it appears
It's been a while since Autodesk reported results for the fiscal fourth quarter and year ended January 31, and I encourage you to look at the details here, if you're interested. Given that Autodesk is moving its users from perpetual to subscriptions, the results have...
ESI reports steady progress in Q4
ESI just reported revenue for the fourth quarter and fiscal year that ended on January 31 -- and the news is good. Recall that ESI's revenue is really backweighted, with the bulk of renewals coming in Q4 and skewing result for earlier periods each year. With that...
Autodesk subs – we hear you, but …
[This started out as a write-up of Autodesk's latest earnings release but the preamble got so long that I think it needs to stand on its own. Earnings coming later this week. --Monica] Before we dive into Autodesk's Q4 and fiscal 2017, let's talk big picture. Many,...
Did you feel it? Amazon web services were down yesterday
-- and for something like four hours, from 1 PM ET to 5PM ET or so. I wasn't using any cloud solutions as my primary tools at that time but did feel occasional hiccups in email or web things that were peripherally affected. Bottom line: I was able to work, though not...
ESI acquires Scilab, a numerical computation platform
ESI Group today announced that it has acquired Scilab Enterprises SAS, which publishes and offers professional services for Scilab, the open source software for numerical computation that's an alternative to MATLAB from The Mathworks. This is ESI's second acquisition...
Autodesk sells Moldflow’s US lab to Beaumont
Unless you're a plastics guy, you may not know this, but one of Moldflow's key differentiators is its material testing laboratories. Plastics are tricky, with fibers and layers and temperatures and shrinkage rates ... designing a mold that can fill and cool to create...
ANSYS realigns to go from $1B to $2B
ANSYS held its first earnings call under the leadership of new CEO Ajei Gopal today to discuss Q4 and full-year 2016 results and to offer investors a glimpse into where Mr. Gopal believes he can take ANSYS. One clear takeaway from the call: the goals are ambitious, as...
MuM sees subs growth resuming in H2 2017
Earlier this week, Germany's Mensch und Maschine Software announced preliminary results for 2016 -- and they were solid, even with the perpetual to subscription transition it and its customers are working through. Total revenue in 2016 was €167 million, up 4%; M+M...
Autodesk’s Carl Bass to step down as CEO
Autodesk today announced that Carl Bass will step down as CEO effective February 8. The company also said that the board has started a CEO search and has "formed an Interim Office of the Chief Executive to oversee the company's day-to-day operations". I have no inside...