Altair’s Q3 soft, guidance for Q4 disappoints — but diversification will boost 2020
CAE Altair reported results last week for its fiscal Q3 and, while they weren’t awful, they didn’t do much to reassure investors about the rest of the year. The details and then some thoughts: GAAP revenue for Q3 was $100 million, up 18% and up 17% in constant...
Altair says PollEx bridges the gap between mechanical and electrical
As I noted earlier today, Altair will be acquiring Polliwog to expand its EDA portfolio to printed circuit board (PCB) design and analysis. We learned a bit more about Polliwog (though not why the whimsical name, which is of course the most important part of this...
Altair’s Q2 solid, Q3? Hmmm
Altair has had a rough time since announcing their Q2 results earlier this month, with the stock down 10% since the news hit the wires. Why? Investors were seemed OK with the Q2 report but were underwhelmed by the company’s guidance for Q3 and the year as a...
Altair’s Q1 revenue up 13% on software strength
The good news keeps rolling, as Altair reported Q1 revenue of $128 million, up 13% and around $2 million ahead of expectations. CEO Jim Scapa said that the guidance beat was powered by software product sales — not surprising, given the portfolio buildout and...
CAE roll-ups continue, with Siemens and Altair active
I work with a lot of investors and software companies, and perhaps the most common question I am asked is, what’s left to acquire? It’s rare that an industrial company acquires a simulation provider (as Juul did when it snapped up Envenio); this is usually...
Quickie: Sad news from BETA CAE, plus updates from Altair, MuM and RIB
A quick catch-up on recent happenings, starting with the sad news that the Managing Director of BETA CAE Systems SA, Christos Kolovos, passed away on December 7. He was one of founders of BETA CAE and was a member of the Boards of Directors of several group...
Altair + Datawatch = interesting opportunities
Yesterday, Altair announced that it wants to acquire/merge with Datawatch, prompting a lot of “who?” and “why?”. Since I hadn’t heard of Datawatch, I did a bit of research — here’s what I learned and why I think this...
Quickie: Altair to acquire Datawatch for analytics
Dashing out the door to an all-day meeting and this pops into the inbox: Altair is merging with really, acquiring) Datawatch, a company that makes data prep, data prediction, and high-volume data visualization technologies that Altair feels will enable it to...
