CAE | Schnitger Corporation

Quickie: Hexagon’s Q3 dragged down by electronics woes

Oct 30, 2019 | Hot Topics

Hexagon Hexagon just reported results for the third quarter — and they’re not awesome: Total revenue was up 1% as reported to €956 million but down 3% in constant currencies/on an organic basis (cco). That’s about 1% slower growth than expected,...

Quickie: ANSYS snaps up Dynardo for PIDO

Oct 24, 2019 | Hot Topics

Blog ANSYS just announced that it is will acquire long-time partner Dynardo, maker of optiSLang, a process integration and design optimization (PIDO) tool. I first became aware of Dynardo years ago, when it presented at a conference about the work it was doing in...

Altair says PollEx bridges the gap between mechanical and electrical

Oct 10, 2019 | Hot Topics

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 gets further into EDA, acquiring Polliwog

Oct 10, 2019 | Hot Topics

It’s early early in Detroit (the sun’s not even glimmer on the horizon) and we’re already seeing news come out of Altair’s Technology Conference –its annual user event– that, I’m sure we’ll learn a lot more about as the...

ESI’s first half shows progress

Sep 23, 2019 | Hot Topics

ESI’s first half shows progress ESI Group, the French CAE company, last week reported results for the quarter and half-year ended 31 July. For the half, revenue was up 3% as reported and up 0.4% in constant currencies (cc) to €55 million; for the quarter, total...

Quickie: ANSYS to acquire LS-DYNA

Sep 11, 2019 | Hot Topics

Technically, ANSYS will acquire Livermore Software Technology Corporation (LSTC), maker of LS-DYNA but, ya know … And it’s a BIG bucks deal: ANSYS will pay a purchase price $775 million, 60% cash and 40% via the issuance of ANSYS common stock to the...

What’s in a name?

Sep 11, 2019 | Hot Topics

If you’re Siemens, apparently it’s plenty. If you tuned into the PLMish news last week, you’ll likely know that Siemens PLM Software is now Siemens Digital Industries Software and that the overarching umbrella brand for that software is Xcelerator....

Altair’s Q2 solid, Q3? Hmmm

Aug 20, 2019 | Hot Topics

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...

Hexagon’s Q2 dragged down by troubles in China

Aug 1, 2019 | Hot Topics

Hexagon last week reported Q2 results that expanded on their preannouncement earlier in July. Weakness in China led to an overall revenue decline of 1% on an organic basis — though the company reports that revenue from China declined 25%, so clearly grew nicely...

PTC’s FQ3 was OKish but weak bookings make investors unhappy

Jul 25, 2019 | Hot Topics

After what looked like a blockbuster LiveWorx last month, with buoyant customer use cases and technology roadmaps galore, PTC yesterday announced results that felt … flat. Some of the details (see them all here), using ASC 605 accounting because that enables us...