ANSYS – weak Q4 leads to worries about 2009

ANSYS shares were hammered late last week, falling to a 52-week low after the companydramatically lowered its forecasts for 2009 — even though results for 2008 were OK.On the plus side:- CEO Jim Cashman said that companies continue to see a need to innovate, and...

Autodesk’s plans for Algor shaping up nicely

I recently had a long chat with Autodesk’s Amy Bunszel, product marketing manager inthe Manufacturing Solutions Division(MSD), about the company’s plans for Algor.First of all, all Algor employees will remain in Pittsburgh. Mike Bussler, founder of...

Hits and Misses of 2008

It’s been quite a year — like most, filled with stuff both good and bad. My top 10 happenings, all related to engineering software:1. Hit: The CAE vendor landscape changed dramatically, as ANSYS bought Ansoft andexpanded its applications footprint even...

Autodesk strengthens CAE offering by acquiring ALGOR

Autodesk announced today that it has reached an agreement to acquire ALGOR Inc., of Pittsburgh for approximately $34 million, or (by our estimate) slightly more than two times revenue. Autodesk has said all along that it will continue to seek strategic...

Quick news roundup: AVEVA has great H1, ESI buys VDOT

I’m off to Autodesk University shortly, so this will be brief; more coming after I’m back. AVEVA announced terrific results for their half-year ended September 30, 2008 — and their shares fell like a stone. The results: revenue increased 32% to £74.8...

Digital prototyping, Autodesk style

Autodesk’s Manufacturing group, headed by Buzz Kross, hosted an industry analyst day inLake Oswego, Oregon this week. Kross and his staff presented Autodesk’s “democratizing”vision for the manufacturing space, tying together industrial design, engineering,...

The rest of the story: ANSYS post-conference call

ANSYS held an unusually-long Q3 conference call, as a lot of Wall Street types who wereunfamiliar with the company tuned in for the first time since ANSYS joined several newindices. The company took questions for close to an hour, following the typical presentationby...

What economy? ANSYS turns in another solid performance

ANSYS reported another strong quarter this morning, leading to the preliminary thought thatanalysis tools may not be as affected by the overall economic downturn as other technologyareas. ANSYS reported both GAAP and non-GAAP data, to reflect the affects of the...

Oracle acquires Primavera

On October 8, 2008, Oracle announced it was acquiring Primavera Software, the developer of the eponymous Primavera project management application as well as other solutions related to managing contracts and disputes, billing and sourcing. The deal is expected to close...

Solidworks, Dassault Systèmes and PTC — Oh my!

It’s been an interesting week. Like you, dozens of emails and press releases cross my desk every day, some of which are far more relevant and interesting than others. Of interest: Bernard Charlés appeared for the first time ever at a SolidWorks-sponsored event – and...