ESI reports revenue up 8% in 2019
ESI reports revenue up 8% in 2019 ESI reported results yesterday for the 12 months ended 31 December 2019 and for the 11 months from 1 February 2019 to 31 December 2019. Since ESI is shifting its financial year to reflect the calendar, we’ll just focus on the 12...
Schneider Electric gets into construction, buys RIB
Schneider Electric gets into construction, buys RIB How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why?...
MuM’s prelim results for 2019 show organic revenue up 25%
MuM’s prelim results for 2019 show organic revenue up 25% Mensch und Maschine, Autodesk’s largest European reseller and a software company in its own right, announced preliminary results for 2019 today. MuM said that it saw 25% organic revenue growth; add...
Dassault Systèmes pivots further to life sciences but industrial still dominates revenue
Dassault Systèmes pivots further to life sciences but industrial still dominates revenue Dassault Systèmes announced results this morning that are generally seen as a bit “light”, meaning below analyst consensus even though they were at the top end of the...
Koch Equity buys rest of Infor
Koch Equity buys rest of Infor It’s not as though this is a slow news week … here’s one more, super quick: Infor, the ERP vendor, is being acquired by Koch Equity Development LLC, the investment subsidiary of Koch Industries, the huge conglomerate...
Hexagon puts 2019 in the rearview, cautiously optimistic about 2020
Hexagon puts 2019 in the rearview, cautiously optimistic about 2020 Hexagon is such a diverse company these days that it’s hard to draw a simple set of conclusions from its earnings reports. After all, it operates in the process industries with the former...
Nemetschek reports revenue up 21% in 2019
Nemetschek reports revenue up 21% in 2019 It’s a big day for PLMish earnings, with Siemens, Hexagon and Nemetschek all announcing results for the year ending quarter, so let’s get right to it. Nemetschek issued preliminary results which include only...
Hexagon adds to its GIS CaaS offering
Hexagon adds to its GIS CaaS offering You could be forgiven for not realizing that Hexagon, besides offering lots of design, engineering and manufacturing technology, also sells data. In fact, that was a major feature of Hexagon’s Capital Markets Day back in...
A bit more on the ANSYS / Aras OEM deal
A bit more on the ANSYS / Aras OEM deal I had a number of questions about the new / upgraded relationship between ANSYS and Aras that was announced last week and reached out to both companies for more details. ANSYS VP Strategy and Partnerships Sin Min Yap told me the...
PLM goes green?
PLM goes green? I believe in science. In the null hypothesis. In finding the root cause. And science says we are not doing nearly enough to reverse the damage already done to our planet by our homes, factories, cars, ships and planes, and to prevent further climate...
Simcenter Amsterdam: making simulation a routine part of design
Simcenter Amsterdam: making simulation a routine part of design Last December I went to Amsterdam to attend Siemens’ Simcenter Symposium. It’s one of my favorite events because it brings together so many different … everythings: auto talks to aero, who...
Aras & ANSYS team up but no acquisition
Aras & ANSYS team up but no acquisition This just came into the inbox: Aras Licenses Platform to ANSYS in Strategic OEM Deal Partnership will enable better processes and data management of simulations for digital thread traceability across the lifecycle You know...
At AU 2019, AEC continued to rule
At AU 2019, AEC continued to rule Did I go to AU in 2019? Why, yes, I did. But I had the flu so only participated in a fraction of what was going on and only now have the time to share what I learned. 13,000 people, 13,000 stories and I only got a tiny bit, sigh....
Hexagon ups the ante – announces deals in mining & geosystems
Hexagon ups the ante – announces deals in mining & geosystems Altair started the year with an acquisition but we have to give props to Hexagon for the pace of their deals: closing one deal from 2019 and two brand new ones today. First the new news. Hexagon...
Altair starts 2020 with an EMAG deal
Altair starts 2020 with an EMAG deal Surprise! One of the PLMish world’s most acquisitive companies has done it again: Altair announced today that it has snapped up Spain’s newFASANT, which makes software used for high-frequency electromagnetic analysis....
Do we even still fax?
Do we even still fax? Hello and welcome back! I hope you had a bit of time off at the year-end and are not stressing too much over how many cookies you might (or might not, we’ll never know) have consumed. I’m easing back in and discovered this marvelous...
Happy holidays from Schnitger Corp!
Quickie: Nemetschek adds to its media brands
Quickie: Nemetschek adds to its media brands Just across the newswire (well, into the inbox since that’s how it all works nowadays): Nemetschek, best known for its BIM brands Allplan and Graphisoft, also has a media and entertainment division called Maxon....
