ESI acquires Ciespace to bring CAE to the masses

ESI acquires Ciespace to bring CAE to the masses

Add together acquisitive leanings and the trend to all things cloud, and what do you get? ESI yesterday announced that it has acquired Ciespace, which appears to have figured out a way to get around performance , scalability and real-time collaboration issues to...
ESI acquires Ciespace to bring CAE to the masses

ESI goes big — data, that is

ESI Group is on a roll, announcing two acquisitions in less than a week. Today, the company said it is acquiring the assets of Picviz Labs, which creates data-mining and cyber-security technologies. Picviz Inspector enables users to examine large, complex datasets...
ESI acquires Ciespace to bring CAE to the masses

ESI gets deeper into automotive controls

ESI announced today that it is acquiring CIVITEC, maker of Pro-SiVIC, a platform for the modeling and simulation of sensors in what it calls “perception assistance systems”. You’ve seen the commercial for the car that parallel parks itself: how does...
ESI acquires Ciespace to bring CAE to the masses

ESI reports strong close to 2014, ends with growth

ESI last week reported results for Q4 and the fiscal year ended January 31, 2015 that were surprisingly strong, with Q4 total revenue up 8% as reported to €49 million, boosting full year revenue to €110 million, up 1.5%. That’s quite a reversal, given that...
ESI acquires Ciespace to bring CAE to the masses

ESI’s Q3 stalls, momentum expected in Q4

While the US was busy with turkey day, ESI announced Q3 results that show strength in Europe that did not offset weakness in other parts of the world. License revenue continues to hold steady, though without much growth momentum, while the “refocusing” of the services...
Morning coffee: patents, deals and Björk

Morning coffee: patents, deals and Björk

Welcome to a shiny new week! I’ll be at PTC Live Global, the first user conference that will feature PTC’s combo of CAD + PLM + ALM + SLM+ IoT + well, whatever other initials come out of it. Last year, we all learned about “servitization”,...
Morning coffee: patents, deals and Björk

Morning coffee: investor news, China & bees

Happy Monday! Last week was a big one, with all of the regular news plus International Pi Day and the 25th anniversary of Tim Berners-Lee’s proposal for what we know today as the Internet. Sir Berners-Lee used the occasion to call for an Internet users’...
ESI acquires Ciespace to bring CAE to the masses

ESI ends 2013 on an up, with revenue +7% in Q4

ESI Group yesterday announced results for the quarter and year ended January 31, 2014. Total revenue for the quarter was €45.5 million, up 7% as reported and up 13% in constant currencies (cc). For the year, total revenue was €109 million, flat year/year as reported...