3 on a Tuesday: Autodesk walks away from Altium deal; MarkForged is a public company; DS 3DX moves beyond CAD in AEC
I know – it’s not Friday, no matter how much we might wish it to be. But there’s a lot to catch up on, so let’s get right to it: Remember last month, when news broke that Autodesk was interested in acquiring Altium, the maker of EDA solutions?...
Quickie: Bentley expands underground modeling with acquisition of Aarhus
Quickie: Bentley expands underground modeling with acquisition of Aarhus I’m watching the UEFA Cup, so this will be brief: Bentley just announced that the Seequent business unit Bentley just acquired is, in turn, acquiring the Danish company, Aarhus GeoSoftware....
3 on a Friday: Bentley goes for more debt, Rockwell acquires Plex, FARO grabs HoloBuilder
3 on a Friday: Bentley goes for more debt, Rockwell acquires Plex, FARO grabs HoloBuilder A quick recap of a few things I didn’t have time to write about this week: Bentley Systems announced this week that it was launching a second private convertible debt...
Bentley ramps up utility pole management offering with SPIDA acquisition
Bentley ramps up utility pole management offering with SPIDA acquisition You may know that, over the years, I’ve judged various categories for Bentley’s Year in Infrastructure Awards and learned so much in the process. One year, an entry was all about...
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated There’s a lot going on at AVEVA, with the close of the OSIsoft acquisition, the end of a fiscal year, a new CEO, a global pandemic, and the recovery...
Bentley’s Q1 revenue up 14%, cites SMB progress
Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion
Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
Nemetschek starts strong, Q1 revenue up 12%cc
Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...

