Bentley acquires Cesium to iTwin 3D GIS workflows
Bentley acquires Cesium to iTwin 3D GIS workflows I am still trying to get caught up on earnings digests, but this just jumped to the head of the queue: Bentley Systems just announced that it had acquired Cesium, makers of a very cool platform for creating (and using)...
A wander through PLMish earnings so far
A wander through PLMish earnings so far This has been an unusually long and somewhat fraught earnings season. We started with Dassault Systèmes’ preannouncement, wandered through the drama around Autodesk’s delayed publication of its fiscal 2024 (ended 31...
Super-quick: Renesas completes Altium acquisition
Super-quick: Renesas completes Altium acquisition Renesas announced yesterday that it had completed the AUS$9.1 billion (Yen 887.9 billion; US$6 billion or so) acquisition of Altium and that Altium is now a Renesas subsidiary. In announcing the closing, Renesas CEO...
Hexagon reports flat Q2 2023, looks ahead to economic recovery
Hexagon reports flat Q2 2023, looks ahead to economic recovery Last week, Hexagon reported Q2 total revenue of €1,353 million, flat year/year, amid global weakness in the construction sector and slowing investments in automotive, affecting sales of sensing and robotic...
PLMish earnings update: Nemetschek, Cadence, SAP all hold steady
PLMish earnings update: Nemetschek, Cadence, SAP all hold steady The first real week of PLMish earnings went reasonably well. Dassault Systèmes gave more detail on the disappointing news from a few weeks ago but didn’t fundamentally change anything. Hexagon saw a...
Super quick schnitgercorp.com RSS update
Super quick schnitgercorp.com RSS update Do you still use RSS, Real Simple Syndication? I do — it’s an old-fashioned way of finding out who’s written what without going to each blog site. Unfortunately, fewer websites are creating RSS feeds, and so...
MuM didn’t see problems in Q2; reports record half-year
MuM didn’t see problems in Q2; reports record half-year Mensch und Maschine (MuM) today reported results for the second quarter—and the good news is that it was the strongest H1 in the company’s history. Of course, it is not selling megadeals to aerospace and...
DS starts PLMish earnings on a down note
DS starts PLMish earnings on a down note And here we go—it’s the start of the third calendar quarter, which means we’ll hear from the publicly traded PLMish companies about how the second quarter went and what they expect for the rest of 2025. I admit, I didn’t see...
Autodesk’s FQ1 overshadowed by accounting – but it was actually really good
Autodesk’s FQ1 overshadowed by accounting – but it was actually really good Before we get into it: I titled my last blog about Autodesk’s earnings “Nothing to see here” — meaning, literally, nothing to see here, since Autodesk said its accounting review...
Nemetschek to acquire GoCanvas for over USD700 million
Nemetschek to acquire GoCanvas for over USD700 million Deal news is flowing fast right now … Today, the Nemetschek Group announced that it will acquire the shares of GoCanvas Holdings, a US-based company that makes field worker collaboration solutions — so, on a...
Tech Soft 3D adds Theorem to its portfolio
Tech Soft 3D adds Theorem to its portfolio Tech Soft 3D just announced that it’s buying Theorem Solutions, makers of advanced CAD data translators and publishing tools. I’m most recently aware of their Theorem XR, which builds on their 30 years of...
Autodesk: everything is fine; nothing to see here
Autodesk: everything is fine; nothing to see here A quick update since so many of you have asked: On Friday, Autodesk said it had concluded its investigation into free cash flow and operating margin calculations and that there would be no restatement or adjustment of...
So much news: acquisitions, divestitures, non-deals and an appreciation
So much news: acquisitions, divestitures, non-deals and an appreciation Last week, I was in the Cotswolds in England. It was gorgeous; I’ll tell you more about it some other time — but, oh my goodness, the PLMish world kept going! Yes, there’s lots of earnings news,...
Even Siemens’ hardware is going software
Even Siemens’ hardware is going software Last month, I spent a few days with Siemens at its Karlsruhe facility, home to the Process Automation division (as well as a canteen, manufacturing plant, and I don’t know what else—it’s a massive complex where thousands of...
Bentley goes Blyncsy for AI
Bentley goes Blyncsy for AI (Sorry – I’m truly terrible at headlines.) Do you remember // did you listen to Bentley’s Q4 earnings call? CEO Greg Bentley was very excited about the potential of the company’s asset analytics offerings, specifically its 2023...
Q4 earnings wrap: Altair, Ansys, Autodesk, Bentley, Hexagon, PTC, Siemens DI Software — and what I want to know about Q1
Q4 earnings wrap: Altair, Ansys, Autodesk, Bentley, Hexagon, PTC, Siemens DI Software — and what I want to know about Q1 The earnings news cycle is about to kick off again, and I owe you a recap of what we learned about the December quarter. I always start these...
Catchup: Bentley gets a new CEO, Francisco acquires Jama, JDM buys Penta and STRUXI, Stratasys snaps up Arevo’s IP, Synopsys+Ansys still a go
Catchup: Bentley gets a new CEO, Francisco acquires Jama, JDM buys Penta and STRUXI, Stratasys snaps up Arevo’s IP, Synopsys+Ansys still a go Happy Spring! While you’ve been out gathering daffodils (not us – we had snow last weekend here in New...
Quickies: Mensch und Maschine on digital twins for machining — and have pie for Pi Day
Quickies: Mensch und Maschine on digital twins for machining — and have pie for Pi Day Last month, at the start of earnings season in our PLMish world, Germany’s Mensch und Maschine (MuM) released preliminary figures for 2023 that showed solid business...
