Q2 AEC earnings: Six companies, one industry, four trends

Q2 AEC earnings: Six companies, one industry, four trends

Q2 AEC earnings: Six companies, one industry, four trends The AECish part of our PLMish universe is absolutely rocking. Every company beat or met expectations and raised full-year guidance in the recent spate of earnings news. Before we get to some comments, a few key...
Schneider Electric to acquire Cognite for $3.1billion

Schneider Electric to acquire Cognite for $3.1billion

Schneider Electric to acquire Cognite for $3.1billion Well, well, well. Schneider Electric just announced that it will acquire Cognite Holding in an all-cash transaction valued at $3.1 billion, and will “integrate the industrial artificial intelligence software...
It’s finally done: Schneider Electric owns AVEVA

It’s finally done: Schneider Electric owns AVEVA

It’s finally done: Schneider Electric owns AVEVA And so we have the final episode of this saga: AVEVA shares are no longer being traded on the London Stock Exchange today as the final step in the sale of AVEVA to Schneider Electric. The last trades yesterday put...
It’s finally done: Schneider Electric owns AVEVA

Schneider Electric to buy rest of AVEVA

Schneider Electric to buy rest of AVEVA Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn’t already own. The company said that it will offer AVEVA shareholders £31 per share, which would...
Super-quick: Schneider Electric may buy the rest of AVEVA

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...
Q2 AEC earnings: Six companies, one industry, four trends

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...
Q2 AEC earnings: Six companies, one industry, four trends

AVEVA gives trading update: all to plan

AVEVA gives trading update: all to plan AVEVA issued another one of its terse trading updates, saying that revenue declined “in the low single digits” from a year ago in the fiscal third quarter of 2022 (ended December 31, 2021), “given a very strong...