You may remember that Aspen Technology was rebuffed earlier this year when it tried to acquire KBC and its refinery optimization expertise. Well, that didn’t slow them down much: Today, AspenTech announced that it has acquired FidelisGroup, maker of Titan 2,...
Most of the questions I am asked these days revolve around three things: the cloud, licensing models and how does the situation in end-market X affect vendor Y. Lately, X = oil and Y = AVEVA because of the massive uncertainty in the oil and gas world due to...
AVEVA today issued one of those uniquely British investor news releases that say little but try to reassure investors that the period ended March 31 was …. OK. AVEVA said fiscal 2016 results were in line with expectations, though adjusted profit before tax was...
Back in February, Yokogawa outbid AspenTech for KBC, the UK software developer and consultancy focused on operational optimization for the oil and gas industry. The deal needed to be approved by UK regulators, which happened on April 5, and on April 7 both boards of...
You don’t see this every day: AspenTech says that Yokogawa has outbid it to win KBC, which it just last month said would acquire. AspenTech says it “does not intend to revise its offer of 185 pence for each share of KBC Advanced Technologies plc (KBC)...
I get asked this a lot: what are oil producers (and their contractors) doing when the price of oil is so low? Why keep producing? Why do they need engineering services — and CAD, PLM, visualization, and other engineering-related technologies? The questions usually...
Dubai is hot, both in temperature and in infrastructure buildup. If you followed along last week you saw the view from my hotel window: construction everywhere, towers rising in a no-mans land of scrubby desert. Where the buildings are finished, they’re surrounded by...
You likely know that AVEVA and Schneider Electric Software are poised to merge, assuming due diligence and regulatory hurdles don’t throw up insurmountable obstacles. What will that mean for plant designers? For engineering and construction companies? For asset...
I’m at the Siemens PLM analyst conference in Boston this week, but need to let you know that Hexagon is acquiring EcoSys to further its strategy of addressing broader AEC project challenges. EcoSys helps customers capture and manage project information related...
Hexagon shepherds to market such diverse offerings as Vero’s CAM software, Intergraph Process, Power and Marine’s SmartPlant, CADWorx and plant-specific simulation solutions, Leica laser scanners and Hexagon Metrology optical probes (for manufacturing tolerance...
