PTC blew past forecasts in FQ1, raises guidance for year
PTC blew past forecasts in FQ1, raises guidance for year PTC reported results for its fiscal first quarter of 2021, ended December 31, 2020, last night — and they were pretty darned good. Before we get too excited, though, it’s important to note that...
Mostly OT: 5 on a Friday
I can’t remember the last time I did one of these –and perhaps they are totally not cool anymore, but then, neither am I. Here are 5 things that defined my week, including a couple of PLMish bits at the end: 1. The Inauguration, no surprise, was a big part...
Cadence to acquire NUMECA
Cadence to acquire NUMECA And the consolidation continues. Cadence announced this morning that it will acquire NUMECA, maker of the OMNIS CAE framework (though you probably know it for its FINE/Design3D optimization solution and its FINE/Marine virtual towing tank/CFD...
Totally OT: Honoring MLK
I wrote the piece below in 2014 and can’t believe how much has happened since then — and, but, how little progress we’ve made in making the world a more equal place. Dr. King’s message was simple: all people are created equal and it’s our...
Maybe the end to fiscal 2020 wasn’t so bad — SAP and AVEVA update
Maybe the end to fiscal 2020 wasn’t so bad — SAP and AVEVA update First things first: the lack of financial news in the PLMish world is encouraging. If the December quarter (meaning October+November+December) had been far below expectations, we would have...
3D Systems completes sale of Cimatron and GibbsCAM – and totally OT thoughts on what happened at the US Capitol
3D Systems completes sale of Cimatron and GibbsCAM – and totally OT thoughts on what happened at the US Capitol 3D Systems announced today that it completed the sale of Cimatron and GibbsCAM to “a subsidiary of ST Acquisition Co., an affiliate of Battery...
CGTech, Vericut now part of Sandvik
CGTech, Vericut now part of Sandvik I hope you had the opportunity to unwind and relax as 2020 came to a close. Let’s hope 2021 is a much kinder year! To start off the new year, a quick update: While we were pondering New Year’s Eve cocktails, Sandvik...
From our bubble to yours …
There’s no doubt: 2020 was hard. We made it this far, though, and look forward to meeting up with you in person in a 2021 that’s better in every way!
Will PTC+Arena = SaaS dominance in PLM? Maybe
Will PTC+Arena = SaaS dominance in PLM? Maybe A lot of you have been in touch to talk about PTC’s announced acquisition of Arena Solutions. Why do this deal? What’s in it for PTC, Arena, and for their customers? What happens to Arena’s PLM where it...
Hexagon adds OxBlue visual AI to AEC offerings
Hexagon adds OxBlue visual AI to AEC offerings Hexagon just announced that it is acquiring OxBlue, a maker of high-definition, time-lapse photography, and live video streaming services, that are used in construction to capture and document progress. OxBlue, says...
Super quick: PTC to acquire Arena for SaaS PLM
Super quick: PTC to acquire Arena for SaaS PLM Continuing that momentum into all things cloud and SaaS, PTC says it’s signed a definitive agreement to acquire Arena Solutions for $715 million in cash, “enabling the company to deliver a complete CAD + PLM...
Nemetschek adds DEXMA to its Build & Operate portfolio
Nemetschek adds DEXMA to its Build & Operate portfolio Nemetschek today announced that its Spacewell subsidiary has acquired DEXMA, a provider of energy management solutions. The DEXMA Platform consists of integrations to more than 200 hardware sensors, gateways,...
AspenTech acquires OptiPlant for early-stage, AI-enabled design
AspenTech acquires OptiPlant for early-stage, AI-enabled design AspenTech just announced that it is acquiring OptiPlant, which you may know of for its automatic pipe routing — but the company also offers additional tools to explore and select appropriate options...
AEC shows resilience & growth — recap of Autodesk, AVEVA, Bentley & Nemetschek’s earnings
AEC shows resilience & growth — recap of Autodesk, AVEVA, Bentley & Nemetschek’s earnings Autodesk, AVEVA, Bentley, and Nemetschek reported results for their most recent financial quarter over the last few weeks and it’s time to catch up. First,...
We’re back!
We’re back! We think. As far as we know. It’s been a rocky couple of days, Internet-wise. We tried to speed up schnitgercorp.com but managed to create conflicts with some of our ISP’s mechanisms. We probably could have figured it out … but, in...
We messed up – but we’re fixing it!
We messed up – but we’re fixing it! We’re sorry if you’ve had trouble over the last couple of days with the www.schnitgercorp.com website or emailing us — we tried to make the site better and faster and clearly made it much, much worse....
DS acquires NuoDB for cloud-native distributed SQL
DS acquires NuoDB for cloud-native distributed SQL I hope you had a lovely and peaceful Thanksgiving if you’re in the US, and a bit of hush to hear yourself think if you’re somewhere else. Last week Dassault Systèmes announced that it was acquiring the 84%...
Happy Thanksgiving!
Wishing you and yours a peaceful holiday.
