Onshape raises another $80m, well ahead of schedule
Onshape announced today that it has raised another $80 million in new equity financing in a new round led by Andreessen Horowitz and with existing investors New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners upping their...
Siemens PLM Catchbook is the tip of the iceberg
Siemens PLM is big, really big, with thousands of employees, dozens of product lines, 8 target industries, and lots of messages to convey in a 3+ day-long analyst event. I’ve been trying to come up with a single theme, or story to tell that ties it all up neatly for...
ESI Q2 revenue up 8% on strong license growth in installed base
ESI Group just reported results for the second quarter of its fiscal year -- and it was an overall mixed bag, with some pockets of solid growth. Revenue for the quarter was €24.3 million, up 8% as reported and up 2% in constant currency and using a similar group...
Bentley acquires e-on, CG for nature
Bentley Systems,just announced that it has acquired e-on software, a French company that makes computer graphics technology specifically for natural environments. Think Minions (which I loved) or How to Train Your Dragon (didn't see), and you're on the right track....
Quickie: Hexagon acquires EcoSys for AEC project control
I'm at the Siemens PLM analyst conference in Boston this week, but need to let you know that Hexagon is acquiring EcoSys to further its strategy of addressing broader AEC project challenges. EcoSys helps customers capture and manage project information related to time...
Exa’s Q2 shows good progress
Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
Accelerate 2015 tackles PLM, one bite at a time
The end of summer, warm days, cool nights, Boston harbor all around. Hard to focus on PLM, right? But 300 of us managed it, inside the Seaport Convention Center at Accelerate 2015. We were treated to dozens of presentations by Autodesk PLM360 users and Autodesk...
An appreciation: Steve MacDonald of CD-adapco
An incredibly sad email just came across the transom: CD-adapco announces the death of one of its founders, Steve MacDonald. Mr. MacDonald was smart, funny, abrasive, did not suffer fools, could be very kind and was a great guy to sit with and just ... chat. He was...
Quickie: On Autodesk subscriptions & perpetuals
I'm still working on a longer write-up of Accelerate, Autodesk's PLM event earlier this week, but need to weigh in on news that I've seen a bit mis-characterized: Autodesk yesterday announced that it will no longer offer perpetual/maintenance licenses for most of its...
Quickie: ANSYS acquires to add to EMAG offering
A quick update since I’m still at Accelerate, Autodesk’s PLM360 user event: ANSYS just announced that it has acquired the assets of Delcross Technologies to add to its electromagnetic simulation and radio frequency system analysis offering. Not something I know much...