5 on a Friday: celebrations, acquisitions, investments & charges
5 on a Friday: celebrations, acquisitions, investments & charges Before anything else: Canadians, happy Canada Day! Americans, get that barbecue ready and have a great 4th of July! Everybody else, have a restful weekend – or join us. We’ll put a vegan...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering
Quickie: Altair expands electronic system offering by acquiring Concept Engineering Altair just announced that it has acquired Concept Engineering, maker of schematic generation tools, electronic circuit and wire harness visualization platforms, and electronic design...
Altair acquires Univ of Bath startup for additive manufacturing
Altair acquires Univ of Bath startup for additive manufacturing Altair just announced that it has acquired Gen3D, a “startup out of the University of Bath, U.K”. I wasn’t aware that Gen3D but Altair characterizes the company as “implementing...
2 on a Friday: Chaos buys into archviz and Modelon announces Q1 results
2 on a Friday: Chaos buys into archviz and Modelon announces Q1 results The beginning of the week featured Memorial Day here in the US and the week ends with the Jubilee of the Queen of England. The combo seems to have created a slow news week — but here are two...
Autodesk’s Q1 beats expectations, sets up for strong fiscal 2023
Autodesk’s Q1 beats expectations, sets up for strong fiscal 2023 You know me: cynical. When I saw that Autodesk had scheduled its earnings release for the Thursday before Memorial Day weekend, in a year that’s reputed to be “revenge...
Sandvik lays out CAM ambitions
Sandvik lays out CAM ambitions I am seriously behind on posting earnings writeups but for now, know that most companies reported good results for the March quarter and that our corner of the IT vendor space has little exposure to Russia and Belarus, so won’t see...
Digital transformation? Let’s talk.
Digital transformation? Let’s talk. I was at Autodesk’s Accelerate conference in New Orleans earlier this week. Many great speakers talked about how they are adapting to the realities they find themselves in—demanding customers, changing supply chains, squeezed...
MakerBot and Ultimaker to merge, secure $60 million investment
MakerBot and Ultimaker to merge, secure $60 million investment Remember when we were all going to have 3D printers at home, making replacement knobs for our stoves, printing toys for kids, and doodads for our offices? Not so much. That never took off for many reasons...
Quickie: Ansys acquires MDL & its Motor-CAD
Quickie: Ansys acquires MDL & its Motor-CAD Ansys just announced that it has acquired Motor Design Limited (MDL) Motor-CAD to “strengthen Ansys’ Electronics portfolio, enabling customers to design more efficient electric machines and apply them to...
PTC closes Codebeamer deal, reports solid FQ2
PTC closes Codebeamer deal, reports solid FQ2 PTC just announced that it has closed its acquisition of Intland Software and its Codebeamer. And that reminds me that I never did publish a note on PTC’s earnings last week — which were very positive. First,...
Quickie: DS Q1 revenue up 13%, ups year to 10% to 11% growth
Quickie: DS Q1 revenue up 13%, ups year to 10% to 11% growth Dassault Systèmes announced Q1 results this morning — they were very, very good, and caused the company to raise its targets for the full fiscal year. More when there’s time, but here ar the...
AVEVA has big Q4 but subs transition to slow F23 before picking up steam
AVEVA has big Q4 but subs transition to slow F23 before picking up steam AVEVA today gave a more extensive-than-usual financial update on fiscal 2022, the year ended March 31. We’ll get the full earnings release in early June, but the company disclosed today...
Cadence still very happy with CAE offerings
Cadence still very happy with CAE offerings Last night Cadence announced results for the first fiscal quarter of 2022; you can read about them in much more detail here — they were overall very good and the company increased just about all forecasts for 2022....
Quickie: SAP Q1 revenue up but so are costs related to Russia and Ukraine
Quickie: SAP Q1 revenue up but so are costs related to Russia and Ukraine Last week, Sandvik and Mensch und Maschine said that the effects of the war in Ukraine hadn’t really amounted to much as of March 30 — makes sense, since that was the first month of...
MuM says Q1 was strongest in its history
MuM says Q1 was strongest in its history That’s a heck of a headline, no? Mensch und Maschine Software reported Q1 results this week that add some details to the head: Q1 revenue was up 18% year/year to EUR 85.41 million, surpassing the previous high of EUR...
Sandvik starts PLMish earnings season and things look good
Sandvik starts PLMish earnings season and things look good Sandvik, the Swedish company that has been snapping up CAM vendors, announced first quarter results today: Revenue in Q1 was SEK 24,921 million (about $2.6 billion at today’s exchange rate), up 35% as...
Quickie: PTC adds to codeBeamer to its ALM offer
Quickie: PTC adds to codeBeamer to its ALM offer PTC just announced that it is acquiring Intland Software, maker of codeBeamer Application Lifecycle Management (ALM), for roughly $280 million. PTC says codeBeamer is a “flexible and modern, easy-to-use interface....
Ansys to acquire OnScale
Ansys to acquire OnScale Do you do your simulation in the cloud? Do you want to? Ansys is betting you do … Ansys just announced that it is acquiring OnScale, providers of a cloud-first simulation platform that, according to OnScale CEO Ian Campbell,...
