Bentley’s IPO. Done. Finally.

Bentley’s IPO. Done. Finally.

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,...
PTC acquires ioxp for cognitive AR

PTC acquires ioxp for cognitive AR

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...
Quickie: Bentley IPO now at $22/share

Quickie: Bentley IPO now at $22/share

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...
Quickie: Bentley raises price in IPO

Quickie: Bentley raises price in IPO

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,...
Quickies: Bentley sets IPO price, Altair acquires for HPC

Quickies: Bentley sets IPO price, Altair acquires for HPC

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....
PTC acquires ioxp for cognitive AR

Altair adds Univa to its HPC offering

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...
Quickie: Bentley raises price in IPO

ESI Q2 revenue slowed, company sets up for growth

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...
Quickie: Bentley raises price in IPO

Autodesk’s Q2 revenue up 15%, comes out swinging on AEC

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...
PTC acquires ioxp for cognitive AR

AVEVA did it: reaches deal to acquire OSIsoft for $5 billion

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...
Quickies: Bentley sets IPO price, Altair acquires for HPC

Bentley files its IPO — again. Finally.

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...
PTC acquires ioxp for cognitive AR

FARO buys Traceable 3D

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...
Quickie: Bentley raises price in IPO

AspenTech continues trend of good PLMish news

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...
PTC acquires ioxp for cognitive AR

AVEVA says it’s in talks to acquire OSIsoft

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...
Quickie: Bentley raises price in IPO

ANSYS Q2 shows big deals CAN be closed during a pandemic

ANSYS Q2 shows big deals CAN be closed during a pandemic Large deals made ANSYS’ Q2 look unusually strong, in what otherwise has been a relatively weak reporting season in our PLMish world. ANSYS CEO Ajay Gopal said the company closed the largest deal in its...