Feb 21, 2018 | Hot Topics
Altair just announced that it has acquired TES International’s technology and intellectual property and hired founder Ben Zandi to lead its thermal solutions software development efforts. Dr. Zandi founded TES to address electronics cooling and today (yesterday?) the...
Sep 28, 2017 | Hot Topics
Well, well, well. Dassault Systèmes (DS) and Exa Corporation announced early this morning that DS is acquiring Exa for $24.25 per share, or around $400 million. You may recall that Exa is a publicly traded company in the US, making the PowerFLOW CFD suite based on the...
Jul 11, 2017 | Hot Topics
ANSYS has announced that it has acquired Computational Engineering International, Inc. (CEI), makers of EnSight, a nifty post-processor for Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) simulations. As you might be aware, simulations result in...
Dec 28, 2016 | Hot Topics
While we were all off sipping warm beverages, MSC Software made what was probably the last PLMish deal of 2016 when it acquired Software Cradle, makers of the SC/Tetra CFD software. On December 15, according to Asian media outlets and confirmed on the Cradle website,...
Aug 19, 2016 | Hot Topics
It’s a gorgeous summer day here in New England — a perfect time for a little A to some of the Qs that have come in to the Schnitger Corp. website: Who is the CEO of CD-adapco? Bob Ryan has been the CEO of CD-adapco since June. You may know Mr. Ryan from...
May 31, 2016 | Hot Topics
Earnings keep coming and the news is increasingly positive — in our PLMish world, at least, customers are buying and using technology to continue to innovate. One recent announcement comes from Exa, the CFD maker. Exa reported that first quarter fiscal 2017,...
May 19, 2016 | Hot Topics
Tecplot, Inc., a leading provider of visual data analysis software for engineers and scientists in the aerospace and oil & gas vertical markets, today announced that it has been acquired by Vela Software, an operating group of Constellation Software, Inc. If...
Jan 25, 2016 | Hot Topics
The rumors are finally confirmed: Siemens PLM is acquiring CD-adapco for $970 million. For those keeping track, that’s about a 5x revenue multiple. ADDED after this blog was first published at around 2PM ET on 25 January 2015 because people were asking for a bit...