Oct 13, 2020 | Hot Topics
AVEVA reports H1 revenue down 12% cc I thought we weren’t going to get an update on AVEVA earnings until Schneider Electric reports Q3 results — but, no, it came sooner. Yesterday, AVEVA said that revenue for its April to September half-year would be...
Sep 29, 2020 | Hot Topics
I had promised you a photo of Bentleys ringing the opening bell at the Nasdaq, but can go one better — a video! The first 3:30 minutes or so are of the big LED pilar billboard in Times Square, showing pictures of Bentley employees (“colleagues” in...
Sep 23, 2020 | Hot Topics
Bentley shares started trading under the BSY symbol at around 11:15 on Wednesday. Someone told me that the bookmaker, the brokerage firm that handles trading of the shares, had to determine the opening price, which I thought would be the price Bentley set last night,...
Sep 23, 2020 | Hot Topics
PTC acquires ioxt for cognitive AR I saw this on Ralf Steck’s blog just now and verified it on PTC Germany’s website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German...
Sep 23, 2020 | Hot Topics
Quickie: Bentley IPO now at $22/share I am no expert at IPOs but this seems unusual to me: Bentley’s offering had originally set a price range of $17 to $19 per share, then yesterday that range was upped to $19 to $21 — and then last night, it was again...
Sep 22, 2020 | Hot Topics
Quickie: Bentley raises price in IPO How interesting: Bentley just filed with the SEC to raise its price per share from $17 to $19, to $19 to $21 — that ups the value of the shares being sold to a max of $259,580,811. Why raise the offering price? Typically,...
Sep 17, 2020 | Hot Topics
Quickies: Bentley sets IPO price, Altair acquires for HPC I go away for a couple of days, and what happens? Yup. Newsy things! Here are two items of interest: Bentley issued another update to its IPO filing, this time with prices for the shares. You can see it here....
Sep 14, 2020 | Hot Topics
Altair adds Univa to its HPC offering Altair just announced that it has acquired Univa, a maker of workload management, scheduling, and optimization solutions for high-performance computing (HPC), on-premise and in the cloud. Altair says Univa’s Grid Engine is a...
Sep 11, 2020 | Hot Topics
ESI Q2 revenue slowed, company sets up for growth ESI Group reported Q2 results yesterday, to round out our PLMish earnings for the quarter ended June 30, 2020. First the details, then some comments: Total revenue in Q2 was €26 million, down 13% as reported and down...
Sep 10, 2020 | Hot Topics
Bentley’s S-1 shines a light on how private companies grow, “with engineers in charge” As you probably know, Bentley filed to go public a few weeks ago. I put up a quick blog about the filing that evening and promised to read the whole thing and...
Aug 31, 2020 | Hot Topics
More details on AVEVA + OSIsoft — including about that rights offer We’ve learned a bit more about the proposed combination of AVEVA and OSI since the announcement early last Tuesday. Much more will come out in six weeks or so when the official paperwork...
Aug 26, 2020 | Hot Topics
Autodesk’s Q2 revenue up 15%, comes out swinging on AEC Autodesk has lost none of its swagger, yesterday reporting that total revenue was up 15%, with results across the metrics that investors look at ahead of consensus estimates. Even so, the company’s...
Aug 25, 2020 | Hot Topics
AVEVA did it: reaches deal to acquire OSIsoft for $5 billion Remember how AVEVA said it was in talks to acquire OSISoft? Appears they were successful: AVEVA just announced that it has reached agreement on the terms of an acquisition of OSIsoft at an enterprise value...
Aug 21, 2020 | Hot Topics
Bentley files its IPO — again. Finally. So much S-1 to read … so little time. You can see the filing for yourself here. A couple of quick highlights from the front of the document: This is an IPO for shares owned by others, as a way of creating a liquid...
Aug 21, 2020 | Hot Topics
FARO buys Traceable 3D Superquick: FARO Technologies just announced that they’ve acquired Advanced Technical Solutions in Scandinavia AB (“ATS”), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The...
Aug 17, 2020 | Hot Topics
AspenTech continues good PLMish news trend We’re learning a lot about what works and what doesn’t when a global pandemic hits — there’s no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything...
Aug 11, 2020 | Hot Topics
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance Altair reported results last week that continue the PLMish theme of “it could have been much much worse”. First, the details: Total revenue was $98.6 million, down 8% as reported...
Aug 10, 2020 | Hot Topics
AVEVA says it’s in talks to acquire OSIsoft It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you’re...
