Altair scales up with Multiscale Design Systems
Acquisition news continues to roll. Yesterday, Altair announced that it has acquired Multiscale Design Systems, makers of the MDS suite of products that enable modeling, simulation, testing and optimization using multiple spatial and temporal scales. I know, I...
PTC sort of preannounces FQ2, workforce realignment
PTC just announced that revenue for the quarter ended April 4 will be slightly above the midpoint of prior guidance of $305 million to $320 million, with license and subscription revenue slightly below the mid-point of the $80 million to $95 million...
ESI goes big — data, that is
ESI Group is on a roll, announcing two acquisitions in less than a week. Today, the company said it is acquiring the assets of Picviz Labs, which creates data-mining and cyber-security technologies. Picviz Inspector enables users to examine large, complex datasets...
Exa’s Q4 revenue up 11%, won’t quiet activist shareholders
Exa, the Burlington MA-based CFD supplier, recently reported Q4 results (ended January 31) that saw revenue rise 18% year/year (y/y) in constant currencies (cc) to $16.9 million. The details: Total revenue in Q4 was $17 million, up 11% y/y as reported and up 18% cc...
Hexagon acquires Q-DAS for factory optimization
Two acquisitions in a weekend -- consolidation continues as engineering software suppliers broaden their reach, hunt for new customers and deepen their hold on existing clients. We wrote on Saturday about ESI's acquisition of CIVITEC, which will enable it to...
ESI gets deeper into automotive controls
ESI announced today that it is acquiring CIVITEC, maker of Pro-SiVIC, a platform for the modeling and simulation of sensors in what it calls "perception assistance systems". You've seen the commercial for the car that parallel parks itself: how does it know where it...
Very quick: Intergraph acquires Visual Vessel Design
Dashing to the airport (from warm and lovely San Diego, to a cold and possibly snowy Boston -- what am I thinking?!) and just got an email announcing that Intergraph has acquired Ohmtech, makers of Visual Vessel Design, an analytical tool to design pressure vessels,...
ESI reports strong close to 2014, ends with growth
ESI last week reported results for Q4 and the fiscal year ended January 31, 2015 that were surprisingly strong, with Q4 total revenue up 8% as reported to €49 million, boosting full year revenue to €110 million, up 1.5%. That's quite a reversal, given that revenue...
Q&A: Which is better?
I get asked this a lot: Which is better, NX or CATIA? ANSYS or Nastran? Which Nastran? Onshape or Fusion 360? PDMS or SmartPlant? As with the last Q&A post, I see that search engines deposit you at Schnitger Corp as you try to discover what others recommend. I...
ASNE highlights need for affordable, flexible ships
It's ASNE time again, when the US naval engineering community gets together to figure out how to better spend the scarce resource that is taxpayer money in the defense of the nation. I wrote last year about the dynamics of the US shipbuilding industry—mostly military,...