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...
4 on a Friday: AspenTech and FARO acquire, Autodesk reports, and OpenFOAM is (still) independent
4 on a Friday: AspenTech and FARO acquire, Autodesk reports, and OpenFOAM is (still) independent A lot of things to catch up on before the weekend: AspenTech announced that it will acquire Micromine, maker of (you guessed it) mine design and management solutions for...
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 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...
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...
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...
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,...
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...
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...
Hexagon’s Q2 revenue up 6% occ on strong demand across verticals and geos
Hexagon’s Q2 revenue up 6% occ on strong demand across verticals and geos Hexagon reported results this morning that blew past analyst expectations. Total revenue in Q2 was €1,289 million, up 20% as reported and up 6% on an organic and constant currency basis...
Earnings recaps: Cadence & Dassault Systèmes report solid results and talk acquisitions
Earnings recaps: Cadence & Dassault Systèmes report solid results and talk acquisitions Cadence reported results last night and offered more insight into its entry into the life sciences market. First, the results: Q2 revenue was $858 million, up 18%. By end...
4 on a Monday: Cadence acquires in bioscience, ESI sells some CFD (NOT OpenFOAM), MuM announces Q2, and Hexagon gets into 80s rock — not really
4 on a Monday: Cadence acquires in bioscience, ESI sells some CFD (NOT OpenFOAM), MuM announces Q2, and Hexagon gets into 80s rock — not really A quick catch-up on some recent news as we get ready for a bumper crop of earnings this week: Cadence said it would...
5 on a Monday: Addnode & Sandvik report Q2, Cadence acquires Future Facilities, Matterport adds to its real estate offering & Siemens snaps up ZONA for aero simulation
5 on a Monday: Addnode & Sandvik report Q2, Cadence acquires Future Facilities, Matterport adds to its real estate offering & Siemens snaps up ZONA for aero simulation Yes, a quick catchup blog is unusual on a Monday, but I was traveling last week and am...
3 on a Friday: Bentley exits Russia, Mastercam holds a contest and the NYT says VC funding mixed
3 on a Friday: Bentley exits Russia, Mastercam holds a contest and the NYT says VC funding mixed Was it a very long week for you, too? In the US, it started horribly, but it hasn’t been great in a lot of places. I hope you and yours are safe and that the sun is...
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...
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...
