AVEVA: On track, North America “subdued”

AVEVA today issued a statement about business conditions during the just-ended June quarter. Like Autodesk during its Investor Day, AVEVA sees gradual improvement in the global economy. During the quarter, AVEVA saw strength in the oil and gas sector, especially in...

AVEVA starts spending

Just last week AVEVA announced results and a dividend that left it with plenty of cash to spend on building out its offerings and sales/support capacity. Today the company formally announced that the spree is underway, announcing two acquisitions.The first will extend...

AVEVA optimistic, looking to spend

AVEVA today gave a lot of additional color on its results for the year ended March 31, 2010. Some of the news was good (strength in recurring revenue and in the Americas), some not-so-good (overall revenue decline of 10%) and some downright tantalizing. Read on...

Bentley revenue down but not by much

As I wrote a few weeks ago, private companies choose to share information in unique ways.Bentley Systems creates an “annual report” that is a mix of company-provided data, market analysts’ charts and customer testimonials. This year’s report was published at the Be...

Acquisition fever building

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

AspenTech is getting better

AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...

AVEVA shareholders not impressed

AVEVA today announced that the company made “good progress during a challenging year” as a resilient oil and gas market helped to offset weaker demand in its marine market. The company now expects that “full year results will be marginally ahead of current consensus...

AVEVA strengthens its board

AVEVA Group today announced the appointment of Hervé Couturier as a Non-Executive Director, replacing the retiring David Mann on its board of directors.M. Couturier is a software industry veteran and is currently Executive Vice President of the Technology Group at...

News bites

Lots of things come over the transom that I find very interesting but don’t have time to do much about. But they’re too cool to keep to myself, so … CFD on a Mac Sympscape (aka Caedium) was mentioned in this blog a while back for making CFD results available via...

AspenTech reports some improvement, relists

Aspen Technology today announced results for its second quarter of fiscal 2010. AspenTech is in the midst of a painful transition from a typical perpetual license model, where a large upfront new license payment is followed by much smaller periodic maintenance...