Schneider Electric to buy rest of AVEVA

Schneider Electric to buy rest of AVEVA

Schneider Electric to buy rest of AVEVA Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn’t already own. The company said that it will offer AVEVA shareholders £31 per share, which would...
ESI momentum may finally be building: H1 revenue up 6%

ESI momentum may finally be building: H1 revenue up 6%

ESI momentum may finally be building: H1 revenue up 6% ESI Group today reported results for the second quarter and half year ending on June 30th. The details, then some comments: Revenue for the first six months of 2022 was €84 million, up 6% as reported and up 4% at...
Schneider Electric to buy rest of AVEVA

And one more: Hexagon adds iConstruct

And one more: Hexagon adds iConstruct Ever have this feeling? You KNOW you forgot something but have no idea what? Well, here’s what I just forgot: Hexagon yesterday announced that it has acquired iConstruct, makers of construction automation solutions used in...
Super-quick: Schneider Electric may buy the rest of AVEVA

Super-quick: Schneider Electric may buy the rest of AVEVA

Super-quick: Schneider Electric may buy the rest of AVEVA Morning news troll. AVEVA shares up 30% — why? A tiny bit of surfing tells me that Schneider Electric says it is considering a possible offer to acquire the 41% of outstanding shares in AVEVA that it does...
Graphisoft at 40: Looking forward

Graphisoft at 40: Looking forward

Graphisoft at 40: Looking forward What do you do when you’re no longer a teenager in a world that prizes newness and chases the next hot thing? If you’re Graphisoft, you celebrate your 40th birthday while simultaneously showing that you’re just as capable as the new...
ESI momentum may finally be building: H1 revenue up 6%

Siemens DI software revenue up 14%, again led by EDA

Siemens DI software revenue up 14%, again led by EDA Siemens today reported decent results for its fiscal third quarter even with the stresses in component supply chains and the European energy markets. The part we care most about, Digital Industries, reported revenue...
ESI momentum may finally be building: H1 revenue up 6%

Bentley reports solid, “straightforward” Q2

Bentley reports solid, “straightforward” Q2 Many signs are positive for AEC companies right now. Public spending on infrastructure is up, there’s a renewed interest in oil and gas exploration and extraction, and we seem to have figured out how to do...
ESI momentum may finally be building: H1 revenue up 6%

Altair revenue up 11% in Q2 on strength in CAE

Altair revenue up 11% in Q2 on strength in CAE Altair last night announced results for Q2 2022 — and exceeded expectations in just about all revenue categories. The details: Total Q2 revenue was $133 million, up 11% as reported and up 16% in constant currencies,...
ESI momentum may finally be building: H1 revenue up 6%

ANSYS Q2 beats expectations, raises annual guidance

ANSYS Q2 beats expectations, raises annual guidance Ansys last night reported Q2 GAAP revenue of $474 million, up 6% as reported and up 12% in constant currencies (cc) — and handily ahead of expectations. The details: Within total revenue, Subscription and lease...
ESI momentum may finally be building: H1 revenue up 6%

AVEVA’s CQ2 revenue down/flat cc but ARR up

AVEVA’s CQ2 revenue down/flat cc but ARR up AVEVA released one of its quick-and-cryptic investor communications this morning. It said revenue in the June quarter declined at “a mid-single digit rate … on a constant currency basis” but was...
Nemetschek invests in 4th startup in 14 months

Nemetschek invests in 4th startup in 14 months

Nemetschek invests in 4th startup in 14 months The Nemetschek Group announced that it has invested in SymTerra, a UK startup working on a construction site communications platform. Nemetschek says SymTerra’s communication platform “allows easy, instant, and...