Schneider Electric to acquire Cognite for $3.1billion Well, well, well. Schneider Electric just announced that it will acquire Cognite Holding in an all-cash transaction valued at $3.1 billion, and will “integrate the industrial artificial intelligence software...
Hexagon’s Q1 showed growth –also in China– even as the company exited unprofitable US defense contracts Hexagon reported results this morning — and they tell a different story of the environment in China. Read on. Total revenue in Q1 was €1287...
AVEVA has big Q4 but subs transition to slow F23 before picking up steam AVEVA today gave a more extensive-than-usual financial update on fiscal 2022, the year ended March 31. We’ll get the full earnings release in early June, but the company disclosed today...
AVEVA’s trading update says H1 revenue up 9% cc AVEVA just issued another one of its periodic, very brief business updates, saying that AVEVA’s revenue grew by approximately 9% in the first half of the financial year on a pro forma organic constant...
Maybe the end to fiscal 2020 wasn’t so bad — SAP and AVEVA update First things first: the lack of financial news in the PLMish world is encouraging. If the December quarter (meaning October+November+December) had been far below expectations, we would have...
AspenTech acquires OptiPlant for early-stage, AI-enabled design AspenTech just announced that it is acquiring OptiPlant, which you may know of for its automatic pipe routing — but the company also offers additional tools to explore and select appropriate options...
More details on AVEVA + OSIsoft — including about that rights offer We’ve learned a bit more about the proposed combination of AVEVA and OSI since the announcement early last Tuesday. Much more will come out in six weeks or so when the official paperwork...
Quickie: AVEVA updates on June quarter & seems optimistic about the future As we’re starting to see across our PLMish landscape, the June quarter wasn’t horrible — it wasn’t great, and companies that rely on hardware or perpetual license...
AVEVA enters fiscal 2021 betting on digitalization As foreshadowed back in April, AVEVA today reported revenue of £834 million up 9% (and up 7% on an organic, constant currency basis, cc). CEO Craig Hayman and Deputy CEO/CFO James Kidd gave a lot of great, additional...
AVEVA updates for FY 2020 (good) and calendar 2020 (cautious) AVEVA just gave an update on how fiscal 2020 turned out (ended March 31) and hinted at what it expects for the rest of calendar 2020. It was the typical, brief, “we’ll say more later” news...
