AVEVA: Last six months were mixed

AVEVA today offered a brief update on its performance for the first half of its fiscal year, from April 1 to September 30. There were no numbers or real details, but the company did say that its end-markets are still recovering from the global economic meltdown: the...

Quick catch-up: what you may have missed

Goodness – I go away for a few days, and the PLM world keeps on spinning ;-) Here’s what happened while I was away: Avatech Solutions (now part of Rand) reported revenue of $31.3 million for the fiscal year ended June 30 2010, down from $35.4 million a year ago....

AspenTech Q4 pretty good but still in transition

Aspen Tech last week (finally) announced results for the fourth quarter and fiscal year ended June 30, 2010. If you recall, AspenTech is in the middle of a painful transition, moving customers from a traditional perpetual license model to subscriptions and taking...

SG&I to IGS — Intergraph to create new subsidiary

In the blizzard of information that came out of Intergraph’s user group meeting last week was the announcement that the company will create an independent subsidiary to handle Intergraph’s classified business for the US government, Intergraph Government Solutions...

Intergraph CEO to step down

Intergraph is holding its user conference this week in Las Vegas — rescheduled from May when flooding in Nashville cancelled so many events — and, by all reports, it’s going well. All Points Blog, from Directions Magazine, is covering the event and...

News bits

Sorry, guys — it’s been crazy. There’s a lot going on the in the greater PLM universe and I wish I had time to offer a cogent analysis each happening, but I don’t. Rather than leave you hanging, here are several of the things I found most compelling last week:...

Hexagon reports Intergraph deal on track

Hexagon announced earnings results today that show it is progressing nicely in its present business: Q2 revenue was up 16% due to a pick up in the pace of recovery in its NAFTA and EU regions. (An aside: it’s nice to see recognition that the US is not the only market...

Hexagon: combining the measured and representational

I had seen Intergraph PP&M perhaps acquiring a laser scanning company, but not a metrology company buying all of Intergraph, so yesterday’s news was quite a surprise. Digging into the acquisition a bit more resolves some questions but raises others.Hexagon has...

Bentley also on a buying binge!

The greater AEC world certainly is rocking the news today.Hard on the heels of Intergraph’s acquisition by Hexagon AB, Bentley Systems, Incorporated announced that it has acquired a minority interest BLUERIDGE Analytics, Inc., maker of SITEOPS, a site design...

Hexagon acquires Intergraph for $2.13 Billion

Well, it’s finally done.Intergraph Corporation today announced it has signed a definitive agreement to be acquired by Hexagon AB in a transaction valued at approximately $2.125 billion.For a quick refresher, Intergraph was taken private in 2006 by an investor group...