Bentley growing for the future

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...

Intergraph PP&M thrives

There are a lot more than six sides to Hexagon AB, the Swedish holding company that last year added Intergraph to its portfolio. Hexagon’s network of nearly 50 subsidiaries focus on measurement and design of objects as small as microchips and as large as power plants...
ANSYS: We’re optimistic and hiring

ANSYS: We’re optimistic and hiring

[Note: ANSYS provided additional information on its results last week; below is a hybrid of my original post and the updates. Many thanks to Annette Arribas, Investor Relations and Global Insurance Officer for ANSYS, for her quick response to my questions. —...

Autodesk reports, investors like a lot

Autodesk last night reported results that were nothing short of terrific. As CEO Carl Bass said during the earnings call, “After navigating through the biggest economic downturn in Autodesk history, we’re now experiencing a healthy recovery and achieving record...

Autodesk adds CFdesign to its quiver

Big news: Autodesk announced that it has signed a definitive agreement to acquire Blue Ridge Numerics, Inc., maker of the CFdesign computational fluid dynamics software, for approximately $39 million in cash. The transaction is subject to customary closing conditions...

DS announces banner 2010, cautious for 2011

2010 was a big year for Dassault Systèmes as it tightened control on its distribution network by buying IBM PLM, closing the biggest acquisition in DS’ history. Did this distract management? Lead to complications in merging sales teams and assigning territories and...

AVEVA says all OK

Plant and marine design software supplier AVEVA Group on Friday issued an Interim Trading update in which it said that business from November through January continues more or less to plan, leading the company’s board to “remains confident of a successful outturn for...

Altair expands into CFD

Altair Engineering yesterday announced the acquisition of ACUSIM Software, maker of the AcuSolve family of computational fluid dynamics (CFD) products. Altair develops and markets a broad set of CAE tools, including the RADIOSS solver and the HyperMesh suite of...

Avatech + Rand off to a solid start

Avatech Solutions reported results yesterday, the first time for the merged companies since Rand Worldwide acquired Avatech in a reverse merger back in August. Since the combined company files with the US GAAP rules, these results represent a full quarter for Rand and...

AVEVA details half-year, changes CFO

AVEVA Group last week gave more details on its performance for the six months ended September 30 2010. The company last month hinted that its end-markets are still recovering from the global economic meltdown, and that progress to a more normal economic state is...