Quickie: Siemens snaps up Mentor Graphics

Quickie: Siemens snaps up Mentor Graphics

A couple of weeks ago, news broke that Mentor Graphics was “exploring options” — and the speculation started about who would acquire the maker of EDA and simulation software. (Recall that they acquired FloEFD maybe 10 years ago.) Well, now we know:...
SEU16: CAD deep dives, 3D printing & more

SEU16: CAD deep dives, 3D printing & more

SEU, Solid Edge University, has always been a true user event. There are deep dive sessions on how to CAD better and faster, getting started with data management (never called PLM here) and prep for and take certification exams. Hands-on classes. Round tables where...
Quickie: Siemens snaps up Mentor Graphics

Quickie: Bentley and Siemens draw ever closer

Siemens AG and Bentley Systems announced that they’re broadening their strategic alliance by initially investing “at least €50 million” to develop joint solutions that “enlarge their respective offerings for infrastructure and industry to the...
Quickie: Siemens snaps up Mentor Graphics

Quickie: Ola Rollén back as CEO of Hexagon

After being detained for over a week on suspicion of insider trading, Hexagon CEO Ola Rollén has resumed his official duties and started making a public case for his innocence. During a conference call today, Mr. Rollén explained that he does a lot of investing...
Quickie: Siemens snaps up Mentor Graphics

Quickie: ANSYS Q3 a bit light, sees modest growth in 2017

ANSYS just reported results for Q3 that were a wee bit light on revenue and a bit tentative on 2017 — but, overall, not bad. And there’s an acquisition, too. First, the details: Total revenue was $246 million, up 3% as reported and up 2% in constant...
AVEVA lets the good times roll

AVEVA lets the good times roll

New Orleans, the Big Easy. Mardi Gras floats and beads, a “laissez les bonne temps roulez” readiness for anything. The French Quarter. Great food. Hurricane Katrina and its aftereffects, still felt 11 years on. And, for a few days recently, home to...
Quickie: Siemens snaps up Mentor Graphics

Quickie: Hexagon CEO investigated for insider trading

Let’s not make more of this than we know, which isn’t much; Hexagon CEO Ola Rollén has been detained while under investigation for insider trading stemming from his personal investment process. Hexagon says that Mr. Rollén’s lawyers believe that “the...
Quickie: Siemens snaps up Mentor Graphics

Nemetschek’s Q3 results reinforce topline growth ambitions

A couple of weeks ago, Nemetschek teased that its 2016 results would be better than expected and, on Friday, showed us why. First, the details: Total revenue in Q4 was €84 million, up 19% as reported. Organic revenue was up 15%. License revenue was €43 million, up 19%...
Quickie: Siemens snaps up Mentor Graphics

Quickie: GE abandons offer to buy SLM

I wrote in September about GE’s strategy to acquire German company SLM, maker of 3D printing machines, as part of an effort to build a $1 billion additive manufacturing business by 2020. It appears that Elliot Management (which you may remember as a long-time...
Quickie: Siemens snaps up Mentor Graphics

Quickie: PTC’s FQ4 as expected — and a huge SLM deal

You might recall that PTC pre-announced its fourth fiscal quarter earlier this month that set expectations for Q4 revenue rather low but raised the bar on future results. Today, the company filled in the details: Total revenue in FQ4 was down 8% from a year ago to...
Quickie: Siemens snaps up Mentor Graphics

Quickie: DS Q3 beat expectations on EXPERIENCE momentum

I’m on my way to the airport (Solid Edge University in Indianapolis, anyone?) but just saw this come into the inbox: Dassault Systèmes beat its own revenue guidance and analyst consensus in Q3, reported IFRS revenue of €735 million (up 9% as reported and up 9%...
Quickie: Siemens snaps up Mentor Graphics

ESI blows past forecasts in H1 2016

ESI reported Q2 results last month (apologies for the delay in getting to this) that show that its vision for virtual prototyping may be starting to take hold. The company reported that H1 revenue was up 16% as reported, led by license growth. Acquisitions, namely...
Quickie: Siemens snaps up Mentor Graphics

Nemetschek says 2016 growth to be WAY ahead of targets

Another preannouncement — this time, an unambiguously good one from Nemetschek. The company said that it expects fiscal 2016 revenue to be right around €340 million, with would be growth of 18% to 20%. Why? Nemetschek doesn’t give details other than to say that...
Autodesk transfers utility-industry products to SBS

Autodesk transfers utility-industry products to SBS

Autodesk and Spatial Business Systems (SBS) announced yesterday that further development of Autodesk’s utility industry products is being moved to SBS. This news affects users of the Autodesk Substation Design for Inventor, Autodesk Substation Design for...
Quickie: Siemens snaps up Mentor Graphics

PTC says Q4 revenue will be low because of … subs

PTC just announced preliminary results for Q4 of fiscal 2016 (ended last week) that show bookings will be well ahead of plan but revenue lower than expected. Blame math: more buyers chose subscriptions than perpetuals, which means revenue will be below expectations...
Quickie: Siemens snaps up Mentor Graphics

Big news: Siemens PLM CEO Chuck Grindstaff moving up

Siemens PLM just told me that Chuck Grindstaff is moving up, taking on a new role as Executive Chairman of Siemens PLM Software; current EVP of Global Sales, Marketing and Service, Tony Hemmelgarn, will take over as CEO on October 1. I’m a bit gobsmacked but...