Cadence to buy BETA CAE for $1.24 billion

Cadence to buy BETA CAE for $1.24 billion

Cadence to buy BETA CAE for $1.24 billion Wow. Cadence just announced that it is buying all of the shares of BETA CAE Systems for –hold on– $1.24 billion in a cash (60%) and Cadence common stock (40%) deal. That’s a lot of money (IMHO, even for a...
Cadence to buy BETA CAE for $1.24 billion

Sandvik to acquire Cimquest, the CAM & 3DP reseller

Sandvik to acquire Cimquest, the CAM & 3DP reseller We interrupt space and earnings news to tell you about another acquisition: Sandvik has announced that it will acquire Cimquest, the largest Mastercam reseller. (Remember that Sandvik acquired CNC Software, the...
Keysight+ESI = so far, so good

Keysight+ESI = so far, so good

Keysight+ESI = so far, so good We’re deep into earnings season and getting a sense of where things stand. Most PLMish companies seem cautious about the near term, with more optimism about the second half of calendar 2024. I’ll try to do a recap soon, but today, I want...
Cadence to buy BETA CAE for $1.24 billion

Autodesk moves into proptech with AEC deals

Autodesk moves into proptech with AEC deals Autodesk announced last night that it will acquire partner company Payapps for an undisclosed amount. Payapps (aka GCPay in North America) makes a cloud-based solution that automates the payment process between general...
4 on a Monday: SAP and Sandvik report results, GT acquires, more on Synopsys+Ansys

Quick update: Acquisition of ESI is one step closer

Quick update: Acquisition of ESI is one step closer On Friday, ESI Group and Keysight Technologies announced that Keysight has now acquired a controlling stake in ESI, and that Keysight plans to file with French regulators to acquire the rest. As of Friday, Keysight...