Intergraph acquires COADE

Huge news: Intergraph, a supplier of high-end plant design and data management tools, announced today that it had acquired COADE, a privately-held supplier of AutoCAD-based plant design and stress analysis tools. Terms of the deal were not disclosed; the COADE team...

AU Virtual: just like being there?

I’ve been to a number of Autodesk University events in Las Vegas, and can tell you that they are HUGE. Last year, around 10,000 people crammed into the convention center attached to the Palazzo and Venetian Hotels, attending the handful of keynotes, dozens of...

Q3: So, how did we do?

It’s always hard to create context around companies whose businesses, and business models, are so different but we can draw a couple of conclusions now that Autodesk, Dassault Systèmes and PTC have reported for the summer quarter: • Starting at the top: all three...

Autodesk rev flattening out, license up seq

Autodesk reported surprisingly solid results today, as FQ3 was the first quarter in 5 that showed sequential stabilizing in almost all categories of business, the exceptions being Asia Pac and Manufacturing. The outlook is improving too, as the company gave a modest...

Avatech sees sequential growth and returns to profit

Avatech reported today that there are signs that the US is in the early stages of a recovery that “could take some time,” according to President and CFO Lawrence Rychlak. The company still sees a tough sales environment in many areas, especially in Florida and...

New alliance shakes up plant design CAD world

Intergraph and Autodesk announced today that they have reached an agreement that allows Autodesk to embed Intergraph ISOGEN into AutoCAD Plant 3D. ISOGEN, with about 50,000 users worldwide, is often considered the industry standard for the automatic production of...

Autodesk SketchBook Mobile nearing 1 millionth download

Autodesk’s Manufacturing business unit held an analyst event last week in Portland, OR. Lots of interesting stuff under non-disclosure that I can’t write about until we get the all-clear. Not under NDA is the fact that right about now the 1 millionth buyer will...

WSJ: Jittery Companies Stash Cash

The Wall Street Journal had a great article yesterday on the apparent hoarding of cash by America’s public companies. According to the piece, “in the second quarter, the 500 largest nonfinancial U.S. firms, by total assets, held about $994 billion in cash and short...

Quick hits: news roundup

We’ve been so focused on the big news of last week (in case you missed it, Dassault Systèmes is buying the DS-focused IBM PLM division of IBM and PTC and DS announced earnings) that a lot of other noteworthy items slipped under the radar. A quick recap: How long...

DS: Holding steady

Good things come in twos (so far): Dassault Systèmes reported that Q3 performance was as expected, with total revenue of 291.7 million euros and software revenue of 255.6 million euros, both down 8% from a year ago but essentially flat with Q2. Keep in mind that Q3 is...