Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST I missed this last month — Sandvik also acquired Cambrio, which is the combined brand for what we might know better as GibbsCAM (milling, turning), Cimatron (mold and die), and SigmaNEST...
Battery Ventures buys Cimatron & GibbsCAM from 3D Systems
Battery Ventures buys Cimatron & GibbsCAM from 3D Systems It was just announced that Battery Ventures, an investor across our PLMish universe and most recently in Tech Soft, will buy the Cimatron and GibbsCAM software businesses from 3D Systems Corporation. But...
3D Systems + Cimatron a done deal — circle get tighter
3D Systems announced today that it has completed its acquisition of Cimatron for $97 million. We all knew it was coming, after the deal was first confirmed back in November, but it’s still a bit of a shock to realize that there are just two large, pureplay CAM...
3D Systems snaps up Cimatron for just under $100 million
3D Systems and Cimatron today announced that 3D Systems will acquire all outstanding shares of Cimatron for $8.97 per share in cash for a total of around $97 million, including cash. That $8.97 is a 48% premium to Cimatron’s closing price on the Nasdaq on...
Quickie: Cimatron’s Q3 up 8% y/y
Cimatron just reported results for Q3. Revenue was up 8% year/year to $11.2 million, making it the 18th consecutive quarter with year/year revenue growth in constant currencies. The company has been pressured to articulate a strategy for additive manufacturing, for...
Morning coffee: earnings & manufacturing at the White House
Happy Monday! We hope you had an excellent weekend and that your favorite movie won big at the Oscars. Pour a cup and let’s do a quick recap of last week as we warm up to a new one. It’s the Economy … A strong “meh” isn’t really the news we want, but...
Quickies: New record for Cimatron, ANSYS at midpoint in Q4
Last night Autodesk, today ANSYS and Cimatron — oh my. There’s lots more to say about Autodesk’s results but, as a lead-in to Cimatron, Autodesk CEO Carl Bass said the following about its recent acquisition of Delcam: “All of a sudden the...
3D Systems preannounces, shocks Wall Street
3D Systems Corporation today preannounced results for Q4 that sent its share price tumbling, down 20% at 11AM Eastern. The topline news is good: full year revenue is expected to be around $513 million, just below the midpoint of its prior guidance. Organic revenue is...
