Altium to be bought by Japanese chipmaker Renesas for nearly $US 6Billion
From the "I did not see this coming" file, news just broke that Renesas Electronics will acquire Altium for AUS$9.1 billion (roughly $5.91 billion) in an all-cash transaction. You may remember that in 2021, Autodesk offered AUS$38.50 per share for...
Nemetschek’s view: AEC is doing OK, thank you very much
Remember how the VAR results I wrote about yesterday showed some weakness in AEC? Like many things, that may be the case, but not for everyone. The Nemetschek Group just announced preliminary results for 2023 that beat the revenue and margin forecasts set just last...
Being a VAR is tough: updates from Mensch und Machine, Addnode, and Rand
Mensch und Maschine (MuM) reported preliminary Q4 and 2023 results yesterday, and that prompted me to look: Addnode's results came last week, and Rand Worldwide published an update last month — so, let’s take a look at the value-added reseller economy, at least, as it...
Dassault Systèmes reports Q4 2023, all in on subs
Earnings season is in full flow, and it's time to catch up. Sandvik and SAP told us that the December quarter was pretty good. Demand was better than expected; those projected economic slowdowns, the effects of wars, and supply chain interruptions weren’t as harmful...
4 on a Monday: SAP and Sandvik report results, GT acquires, more on Synopsys+Ansys
PLMish and PLM-adjacent earnings ramp up this week, with PTC, Hexagon, Dassault Systèmes, and others announcing, but we’ve already some news. SAP, the enterprise software biggie, announced that Q4 revenue was €8.5 billion, up 5%, and that total revenue for fiscal 2023...
Autodesk moves into proptech with AEC deals
Autodesk announced last night that it will acquire partner company Payapps for an undisclosed amount. Payapps (aka GCPay in North America) makes a cloud-based solution that automates the payment process between general contractors and subcontractors. Financial terms...
“Synopsys to Acquire Ansys, Creating a Leader in Silicon to Systems Design Solutions”
Well ... now we know. Synopsys announced that it plans to acquire Ansys. Deal details below, but look at their headline (press release here), pasted as the title of this post. I'm sure that's the intent behind the deal: to create a more comprehensive EDA solution; but...
Welcome to 2024! Deal fever continues …
I hope you were able to catch a little downtime over the year-end and that your 2024 is off to a great start. We had three winter storms in a week, lost power, shoveled a lot of snow — and are looking at more of the same for this week. But we’re safe and warm and...
May your 2024 …
… be filled with joy, health, and happiness! No, we haven't had this much snow yet this winter -- but it is a beautiful photo, no? From https://picryl.com/media/winter-snow-wintry-nature-landscapes-a30c59
AU 2023: Focus on platforms, granularity and AI
Ah, Autodesk University. Thousands of people and too few escalators. Designers and makers and architects and construction teams, all in one place. Las Vegas, usually prettying itself up for holiday visitors at this time of year, was instead prepping for a Formula One...