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...
Hexagon adds MSC to its stable, for $834 million
Now we know. The sale of MSC Software has been rumored for a while but always seemed to mention financial buyers. It turns out that a strategic buyer has stepped up -- and I think it's a perfect match. First, the background: Hexagon AB, for those who don't know, today...
Quickie: Siemens AG mentions $100m PL order from GM amid solid FQ1
We're getting ready to roll on earnings season in our PLMish universe. Tomorrow, Dassault Systèmes. But first, Siemens AG reported results earlier for the quarter ended December 31 and, while I don't generally write about it since the PLM business is such a small part...
Quickie: Nemetschek hit record revenue in 2016
Nemetschek just announced preliminary results for 2016 -- and they're solid. Revenue was around €337 million, at the low end of the company's earlier guidance but still up 18% over 2015. We don't have any real detail about Q4 but through the first nine months of 2016,...
PTC’s FQ1 shows strength across the board
PTC last night gave us our first glimpse into how 2016 ended for PLMish companies -- and the news was solid. Demand for PTC's CAD products was up and the company's "land and expand" strategy in IoT seems to be working. Not so awesome: the program to get customers to...
Sallinger of PPM, another long-time PLMish CEO, steps aside
Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
Siemens bets big on software, all across the AG
Quick: what do you think of when I say "Siemens"? Since you read here, probably PLM, and that makes sense. But Siemens AG is so much bigger than the PLM part of the business, encompassing energy, medical diagnostic systems, manufacturing automation equipment, trains...
MSC snaps up SC/Tetra’s parent company
While we were all off sipping warm beverages, MSC Software made what was probably the last PLMish deal of 2016 when it acquired Software Cradle, makers of the SC/Tetra CFD software. On December 15, according to Asian media outlets and confirmed on the Cradle website,...
Nemetschek snaps up dRofus
Nemetschek, the holding group for the Nemetschek, Graphisoft, Allplan, Solibri and other AEC-focused brands, announced today that it is acquiring dRofus AS, a Norweqian provider of BIM planning, data management and collaboration tools. I am not aware of dRofus, but...