Quickie: Rockwell invests $1 billion in PTC for IoT & smart factory
This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over this announcement,...
Hexagon grows in autonomous
Hexagon has quietly been building out a solid set of assets that get it ever-closer to the coming autonomous world, starting waaay back when it acquired Leica and Intergraph and, last weekend, announced its intent to add AutonomouStuff (great company name, btw) to the...
Quickies: Autodesk invests, Hexagon acquires, a VAR business moves
It’s been a time of transactions in our little corner of the world. Here’s a quick catchup: Autodesk’s Forge fund keeps rolling along in the world of AEC, announced its fifth investment in a construction technology supplier in a year. This time,...
Altair tops targets in Q1, acquires rest of FluiDyna
Altair made several significant announcement over the last week, culminating yesterday with its first quarter results. Quickly, Altair reported Q1 revenue that beat expectations, sending its share price up a couple of percentage points after the announcement hit the...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week … Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn’t heard of CANDI Controls before, so did a little digging. CANDI,...
Bentley ups its game in geotechnics with Plaxis, SoilVision acqs
For much of the last 25 years, Boston was a construction site. The Big Dig project put an elevated highway under ground, to improve traffic flow and create green space where the roadway had once divided the city. What many people didn’t recognize was how much...
Quickie: Trimble acquires Viewpoint for $1.2 billion
Just into my inbox: Trimble, makers of all sorts of software and hardware targeted at the broader AEC market is acquiring Viewpoint, which makes construction management software. More on this tomorrow, but Viewpoint fits perfectly (with some overlap) into...
Oracle + Aconex is a done deal
It was a long time coming because of all of the regulatory hurdles but Aconex is now a part of Oracle. A quick recap, and then why this matters even if you’re outside the typical AEC/construction world. Oracle has been acquiring to build out its AEC offering...
