2 on a Wednesday: Earnings from Hexagon and Nemetschek
2 on a Wednesday: Earnings from Hexagon and Nemetschek Hexagon and Nemetschek reported results late last week, and I just couldn’t get to them — so here are quick recaps. Hexagon reported total net sales in Q3 of €1,317 million, up 22% as reported and up 7% on an...
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...
5 on a Friday: Aras, Hexagon, Sandvik acquire; Nemetschek invests and earnings are a GO
5 on a Friday: Aras, Hexagon, Sandvik acquire; Nemetschek invests and earnings are a GO One year ends and another begins … pretty much as the old one left off. While we were eating too many cookies in late December, Nemetschek and Sandvik announced deals; Aras...
4 on a Friday: DS invests in AVSimulation, Newforma acquires, more on Cadence+Numeca, Siemens’ MindSphere on Red Hat OpenShift
4 on a Friday: DS invests in AVSimulation, Newforma acquires, more on Cadence+Numeca, Siemens’ MindSphere on Red Hat OpenShift It’s been another busy week of earnings and other PLMish news. Here are some bits and pieces I didn’t have the time to...
What do you do when your customers revolt, publicly?
What do you do when your customers revolt, publicly? If you’re outside the world of AEC (or lucky enough to be on vacation) you might have missed it: Seventeen of Autodesk’s most influential AEC customers wrote an open letter to CEO Andrew Anagnost,...
Nemetschek’s Q2 strong, slows slightly from Q1
Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That’s very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details:...
Autodesk+PlanGrid is a big bet on construction digitalization
What does almost one billion US dollars buy? In Autodesk’s case, PlanGrid. Yesterday, as part of its quarterly earnings, Autodesk announced that it will acquire the privately-held PlanGrid for $875 million, net of acquired cash. That’s a heck of a lot of...
Bentley’s AEC digital twin combines BIM, CAD and more
The Year in Infrastructure (YII) is Bentley Systems’ annual media fest, where new product releases, customer successes and acquisitions vie for attention. We’ll cover more of those over the next several blog posts, but today we’ll focus on one of the big product...
