Aras secures investment, poised for serious growth

Aras secures investment, poised for serious growth

Aras announced last week that is has secured $40 million in funding in exchange for a minority stake in the company and a board seat. Silver Lake Kraftwerk and GE Ventures partnered for the investment. Aras said it will use the funds to drive growth, expand operations...
Quick add to AVEVA + Schneider

Quick add to AVEVA + Schneider

A couple of people have gotten in touch about yesterday’s post, where I asked whether third time’s the charm for an AVEVA/Schneider Electric software deal. It’s important to note that: The only thing that could derail this combination now is if...
Aras secures investment, poised for serious growth

Here we go again: AVEVA + Schneider

While many of us Yanks were off celebrating the unofficial end of summer, the British and French were apparently hard at work. The Financial Times and other media report that AVEVA and Schneider Electric are about to announce yet another attempt at a merger...
Aras secures investment, poised for serious growth

Quickie: ANSYS continues to roll, Q2 revenue up 7%

ANSYS reported last night that Q2 revenue was up 7% as reported (up 8% in constant currencies) to $264 million. Software revenue was up 6% to of $150 million, while maintenance and services revenue was up 9% to $114.0 million. ANSYS continues to see significant demand...
Aras secures investment, poised for serious growth

Quickie: Hexagon’s Q2 shows continued weakness in PPM

Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to return to growth towards...
Aras secures investment, poised for serious growth

Quickie: AVEVA + Schneider unlikely right now

There’s so much going on right now, between earnings, acquisitions and other news-worthy stuff, that I keep starting posts and having to move on before I can finish them. I will, I will! When, though … But many of you are asking about possible acquisition...
Aras secures investment, poised for serious growth

Quickie: DS catches Boeing, reports Q2 revenue up

Dassault Systemes, never shy about wins, folded an announcement that Boeing will be adopting the 3D EXPERIENCE platform across its commercial aviation, space, and defense divisions. That’s likely a big, big deal financially and from a marketing/spin perspective,...
Aras secures investment, poised for serious growth

Quickie: PTC’s FQ3 suffers from weakness in Japan

It’s tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan … weak guidance for the company’s fiscal Q4 … stock gets hammered. A few of the details — much more...
The Thirteenth Doctor is a woman!

The Thirteenth Doctor is a woman!

Yes, let’s get it out there: there are more important things to talk about. Hunger, world peace, inequality — but this is big too: Today the BBC announced that the Thirteenth Doctor will be played by Jodie Whittaker, a female actor most known for...
Aras secures investment, poised for serious growth

ANSYS acquires CEI to boost post-processing with EnSight

ANSYS has announced that it has acquired Computational Engineering International, Inc. (CEI), makers of EnSight, a nifty post-processor for Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) simulations. As you might be aware, simulations result in...
Aras secures investment, poised for serious growth

Here we go again: AVEVA+Schneider?

A couple of UK media outlets reported yesterday that Schneider Electric is considering once again making an offer for AVEVA. This is one such report, repeating what was in a Sunday Times (paywall) article. As before, such a deal would make a lot of sense: Schneider...
Aras secures investment, poised for serious growth

DS deepens its bench in naval architecture

News broke this morning that Dassault Systèmes has acquired AITAC BV, a Dutch company that uses the DS suite of products to design superyachts, cruise liners, frigates, tugboats and other smaller ships. As a complement to its services offerings, AITAC devised Smart...
Aras secures investment, poised for serious growth

OpenText gets on the IoT bus

I know I’m way behind on event reports but need to let you know about this: Earlier this week, OpenText, the document management and collaboration vendor, announced that it is acquiring Covisint Corporation, a cloud platform for automotive and Internet of Things...
Aras secures investment, poised for serious growth

Altair moves further into EDA with MODELiiS acquisition

Altair continues to expand its portfolio, yesterday adding MODELiiS, a French supplier of electronic design automation (EDA) software for circuit design and simulation. MODELiiS spun out of an entity called EASii IC, which develops Application-Specific Integrated...
Aras secures investment, poised for serious growth

CAE rumbles on: ANSYS, ESI and Exa earnings recaps

Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies’ product development processes, and the impact these technologies are having on the enterprises that use them. First, key...