Shipbuilding software provider SSI bought by exec team

Shipbuilding software provider SSI bought by exec team

This is cool — there aren’t that many providers of ship design software on the market and I’m a naval architect, soo it naturally caught my eye. This just hit the inbox, even though it reads as though it should have been sent a few weeks ago: As of...
Hexagon moves further into construction tech

Hexagon moves further into construction tech

A couple of years ago, at a HxGN Live, Hexagon’s Process Power and Marine group announced its entry into BIM — but not BIM as the rest of the world understood it at the time, a design tool. No, PP&M was going to repurpose existing assets for the...
Hexagon moves further into construction tech

Quickie: AVEVA+Schneider=DONE

Finally, finally: AVEVA announced today that at 8AM UK time on March 1, 2018 it more than doubled in size with the addition of Schneider Electric’s software people and products. Ex-PTCer Craig Hayman, as expected, took over as CEO last week and had this to say...
Hexagon moves further into construction tech

Quickie: Altair nabs ElectroFlo CFD for electronics cooling

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...
Hexagon moves further into construction tech

This time it’s Siemens, acquiring Sarokal for IC testing

The pace of acquisition really doesn’t jibe with the news that capital is getting harder to come by. Either that, or all of these companies have seriously deep pockets. Today. Siemens announced that it place to acquire Sarokal Test Systems to continue the...
Hexagon moves further into construction tech

Quickie: Aras acquires for PLM + MRO capabilities

Aras announced last week that it has acquired infoTRAK MRO from Infospectrum and renamed the product Aras Impresa MRO. MRO stands for Maintenance, Repair, and Overhaul and is a key component in many asset operators’ strategies: planning who, what, when and how...
Hexagon moves further into construction tech

Quickie: AspenTech acquires Apex Optimisation

I am at SolidWorks World in LA this week, so this has to be brief: This morning, Aspen Technology announced that it has acquired Apex Optimisation, maker of GDOT, a software solution that connects plant operations optimization with Advanced Process Control (APC). APC...
Quickie: New AVEVA names new CEO — and he’s from PTC

Quickie: New AVEVA names new CEO — and he’s from PTC

Small world. AVEVA today announced that PTC’s Craig Hayman will become CEO of the entity that will be created once the merger of AVEVA and Schneider Electric’s software business has completed. Mr. Hayman starts on February 19, so the close seems imminent....
Quickie: New AVEVA names new CEO — and he’s from PTC

More AECish news, this time AVEVA and Hexagon

Goodness, but the AEC world is just crazy newsy right now. Two quick things: AVEVA announced yesterday that the first 9 months of its 2018 fiscal year were better than forecast due to improved execution, stabilizing end-markets and the signing of a...