ESI reports license revenue up 13%

ESI Group today reported results for the first half of 2010 – and they were pretty good, reflecting the general improvement in the end-markets ESI serves. CEO Alain de Rouvray said in a press release, “The first half of the year witnessed a more robust...

News bits

Sorry, guys — it’s been crazy. There’s a lot going on the in the greater PLM universe and I wish I had time to offer a cogent analysis each happening, but I don’t. Rather than leave you hanging, here are several of the things I found most compelling last week:...

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...

ANSYS reports good Q2, sees volatility ahead

ANSYS reported Q2 results today that met the company’s earlier forecasts but foreshadowed a coming slowdown. Total revenue for Q2 was $137.8 million, up 12.9% from $122.0 million a year ago and up 15% for the year-to-date — showing the same slowing that was...

DS beats in Q2, sees slow Q3

Dassault Systèmes reported total revenue of €386 million on an IFRS basis (think GAAP, but in Europe), up 24% from a year ago on strong software revenue growth of 28%. Favorable exchange rates contributed roughly 6% of growth across the board. IBM’s contributions are...

Buy buy buy: LMS buys one, sells one

LMS International announced a pair of transactions on Friday that fine-tune its product portfolio and refocus it on its core Test.Lab, Virtual.Lab and Imagine.Lab offerings. It has sold its Noesis Solutions subsidiary and the OPTIMUS product line to Cybernet Systems...

It’s a wrap: Siemens PLM Connection

Just back from several days at Siemens PLM Connection, the company’s user-run annual conference. This year’s theme was managing complexity: globalization, regulations, competitive pressure — each layer adds more information, more requirements, more team members...

ESI reports slight decline in FQ1

ESI Group reported yesterday that sales for the first quarter of FY2011 were €16 million, down 3% from a year ago on a decline in services revenue that was not offset by slightly higher license sales. License revenue was €11 million euros, essentially flat when...

ANSYS reports 17% growth in Q1, raises guidance

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

ESI ready for economic rebound

ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...