Lectra to buy Gerber Technologies

Lectra to buy Gerber Technologies

Lectra to buy Gerber Technologies This is big: Lectra has announced that it plans to acquire Gerber Technology for “an upfront payment of 175 million euros – through a combination of cash and debt – plus 5 million newly issued Lectra shares to … Gerber...
Siemens’ FQ1 saw solid contributions from EDA, Mendix but also PLM caution

Nemetschek closed out 2020 with “very positive” Q4

Nemetschek closed out 2020 with “very positive” Q4 Nemetschek released preliminary results for Q4 this morning and said that it “closed the fiscal year with a very positive fourth quarter” that enabled it to meet its raised annual target for...
Siemens’ FQ1 saw solid contributions from EDA, Mendix but also PLM caution

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

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...
Lectra to buy Gerber Technologies

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

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...
Lectra to buy Gerber Technologies

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 …

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

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...
Lectra to buy Gerber Technologies

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...
Lectra to buy Gerber Technologies

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...
Lectra to buy Gerber Technologies

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,...
We’re back!

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 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....