Hexagon says 2011 off to good start

May 10, 2011 | Hot Topics

Hexagon AB today reported an 18% increase in organic revenue but a 77% increase when including last year’s Intergraph acquisition — which led to a near-doubling of reported earnings before taxes. Hexagon is a complicated business that, in the last year alone,...

Trimble intends to acquire Tekla

May 9, 2011 | Hot Topics

Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...

ANSYS: Growth amid global turmoil

May 5, 2011 | Hot Topics

ANSYS this morning announced that first quarter revenue was up 16% over last year and “was spread across all major geographic regions and among a broad array of industries”. On a GAAP basis, net income and diluted earnings per share increased 31% and 29%, respectively...

News bits: SAP and ESI

Apr 28, 2011 | Hot Topics

Earnings season is in full spate, which makes it hard to keep up with all of the news coming out of the vendor community.  Here are a couple you may have missed: SAP AG SAP confounded investors on Thursday with results that were below expectations for the first...

PTC surprised by CAD growth

Apr 28, 2011 | Hot Topics

As noted yesterday, PTC reported reported second fiscal quarter revenue of $269 million, up 23% from a year ago, driven in large part by growth in the enterprise CAD business. Net income more than doubled from last year’s Q2, at $19 million or $0.16 per...

DS Q1 first view: SMB growth, acquisitions

Apr 27, 2011 | Hot Topics

Dassault Systèmes today reported results for the first quarter that show that the momentum established towards in 2010 continued into 2011. Total revenue in Q1 was €410 million, up 31% as reported and up 29% excluding currency. New license revenue was up 30%,...

PTC embeds MKS

Apr 11, 2011 | Hot Topics

Last week PTC announced its intention to acquire MKS, Inc. of Waterloo, Ontario, a supplier of tools to manage the lifecycle of embedded mechatronics software, for CDN$26.20/share or CDN$292.5 million in total (about $304 million at current exchange rates). PTC will...

Bentley engineers the wind

Apr 7, 2011 | Hot Topics

Last month Bentley Systems announced the acquisition of the SACS business from Engineering Dynamics, and most people said, who? There wasn’t time then to answer the question, but today we can catch up a bit. Engineering Dynamics, Inc. was founded in 1973 by three...

Autodesk simulating forward

Apr 4, 2011 | Hot Topics

I had the chance recently to talk with Autodesk about its plans for CFdesign, the evolution of Autodesk’s simulation portfolio and how the Blue RIdge Numerics team adds significant gravitas and expertise to drive the whole forward. Scott Reese, Sr. Director of the...

Bentley growing for the future

Mar 3, 2011 | Hot Topics

Bentley Systems, a privately held company focused on creating solutions for the AEC market, took the unusual step yesterday of holding a conference call to discuss some aspects of their 2010 results. The highlights are revenue growth of 6%, a return to 2008 revenue...