Quickie: AVEVA shareholders approve sale to Schneider Electric
Quickie: AVEVA shareholders approve sale to Schneider Electric I hope you had a wonderful, restful weekend! While some of us were enjoying turkey and trimmings, AVEVA’s minority owners approved a sale of their shares to Schneider Electric (SE). This ends the...
Happy Thanksgiving!
Happy Thanksgiving! It’s been a frantic Fall, so it’s lovely to feel things slowing down this week. In the US, Thanksgiving Thursday is about food, family, friends, and being grateful for the bounty in our lives. My list of things to be thankful for is...
Super quick: PTC to acquire ServiceMax for $1.5 billion
Super quick: PTC to acquire ServiceMax for $1.5 billion PTC just announced that it will acquire ServiceMax in a $1.46 billion deal that’s expected to close in January. You’ve probably heard of ServiceMax; they offer field service management solutions in...
4 on a Saturday: travel catchup edition
4 on a Saturday: travel catchup edition I’ve been AWOL the last two weeks, walking the length of the Kennet and von canal in England. Amazing engineering, water control in a place where rain is a given … and beautiful countryside. More on that at some point....
2 on a Wednesday: Earnings from Hexagon and Nemetschek
2 on a Wednesday: Earnings from Hexagon and Nemetschek Hexagon and Nemetschek reported results late last week, and I just couldn’t get to them — so here are quick recaps. Hexagon reported total net sales in Q3 of €1,317 million, up 22% as reported and up 7% on an...
ESI’s Q3 shows subs transition ahead of plan
ESI’s Q3 shows subs transition ahead of plan You might recall that ESI held its Live event in September. That was customer-focused, where presenters talked about how the auto, aero, and heavy industries use ESI products to design better and faster. The week...
AU 2022: a joyous in-person extravaganza
AU 2022: a joyous in-person extravaganza Last month, Autodesk held its first Autodesk University (AU) in person since the whole COVID drama began. It was both a very familiar event and completely new. New: New Orleans instead of Las Vegas! Being handed a COVID test...
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric So much news this week! A quick recap: Addnode gets two spaces in this roundup, one for acquisition and the other for earnings. First, the company announced that it has acquired JBL’s...
DS’ Q3 shows the challenges in the perpetuals-to-subs transition
DS’ Q3 shows the challenges in the perpetuals-to-subs transition If you look at the financial news, you’ll probably see headlines about today’s earnings announcement by Dassault Systèmes that focus on how license revenue was below expectations — and that’s true....
4 on a Tuesday: Stratasys and AspenTech acquire, Samp gets funding, SAP reports
4 on a Tuesday: Stratasys and AspenTech acquire, Samp gets funding, SAP reports It’s only Tuesday, and it’s already been quite a week. Here, in no particular order, are newsy bits that I think are interesting: Stratasys, the 3D printer company and owner...
MuM adds to PLMish good news
MuM adds to PLMish good news Mensch und Maschine Software says it “remained undeterred on the record track in Q3, achieving the strongest [nine month] figures in the company’s history” because of “strong new business for M+M Software, as well...
ESI Live 2022: Moving towards a sustainable digital future
ESI Live 2022: Moving towards a sustainable digital future One of the best things about being at a live event is the spontaneous conversations. While waiting for an elevator, you share stories of tired feet, why you walked miles to get to a specific session, and what...
Sandvik kicks off PLMish earnings with flair
Sandvik kicks off PLMish earnings with flair Sandvik announced its fiscal third quarter earnings today, and the manufacturing solutions business led the way. Recall that the company is both acquiring (adding 5 cutting tool companies in Q3 alone) and divesting at the...
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll PLMish companies continue to add incrementally to their offerings, though none has made a big, game-changing acquisition in a while. Today, Ansys said that it was adding thermal...
Travel, tech adoption & news from Tech Soft 3D, Hexagon & Sandvik
Travel, tech adoption & news from Tech Soft 3D, Hexagon & Sandvik I’ve been traveling for work for the last two weeks. When time permits, I’ll write about ESI LIVE 2022 and Autodesk University (AU), but I owe you a little catchup. It’s been...
Schneider Electric to buy rest of AVEVA
Schneider Electric to buy rest of AVEVA Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn’t already own. The company said that it will offer AVEVA shareholders £31 per share, which would...
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins Venture funding may be drying up a bit, and valuations coming down just a little mean acquisition time. Three deals were announced in the last 40 hours or so: Altair announced that it...
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am A lot is going on, so let’s get right to it: Altair has made the Radioss solver available via open source as OpenRadioss, available at www.openradioss.org....
ESI momentum may finally be building: H1 revenue up 6%
ESI momentum may finally be building: H1 revenue up 6% ESI Group today reported results for the second quarter and half year ending on June 30th. The details, then some comments: Revenue for the first six months of 2022 was €84 million, up 6% as reported and up 4% at...
