Rand and Avatech merge in reverse

Surprise! Rand Worldwide and Avatech Solution announced on Tuesday that the companies have been combined in a reverse merger. A reverse merger is often known as a “reverse IPO” because the acquisition of a public company by a private one avoids the costly process of...

Autodesk beats expectations – by a lot

Autodesk reported second quarter result that were far better than many had expected, sending the shares up 4% in after-hours trading on Wall Street. The company reported revenue of $473 million for the quarter ended July 31 2010, an increase of 14% over last year and...

Autodesk Q2: My $.02

A lot has hit the media in the last few days about what exactly Autodesk will report on Thursday, when it makes public its Q2 2011 results. Its share price has gone up and gone down on the “news”, much of which has been correct, but some … not so much: •...

MuM sees recovery continuing

Mensch und Machine, one of Autodesk’s largest resellers in Europe, announced second quarter results today that show a continuing economic recovery — slowly but surely. Total sales for the second quarter (ended June 30) were €45.6 million, up 23% from a year ago,...

Highlights from Autodesk’s Investor Day

Update: Autodesk held its annual Investor Day today. The event was 4 hours long, so these are some of the tidbits I found most interesting: • Autodesk says that FQ2 business is good and is raising the bottom end of its second quarter business outlook from revenue of...

Autodesk surprises with a solid FQ1

Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...

Avatech reports “economy improving”

Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call...

Silver & gold: Autodesk’s new channel program

Autodesk recently announced a number of changes to its channel partner program, designed to make Autodesk easier to do business with and to give Autodesk’s 1900 VARs a competitive edge in the marketplace. Since Autodesk gets around 85% of revenue from the reseller...

Autodesk expands assistance program to veterans

Autodesk has extended its Assistance Program to veterans, according to the Wounded Artist Project. The Project contacted Autodesk to garner its support for a YouTube video on, of all things, BIM (Building Information Management); Autodesk was so impressed that it...

News bites

Lots of things come over the transom that I find very interesting but don’t have time to do much about. But they’re too cool to keep to myself, so … CFD on a Mac Sympscape (aka Caedium) was mentioned in this blog a while back for making CFD results available via...