PTC’s FQ1 was good, but macroeconomic worries loom

PTC’s FQ1 was good, but macroeconomic worries loom

PTC’s FQ1 was good, but macroeconomic worries loom PTC announced fiscal Q1 2023 results last night that were better than expected in some areas. Profit was up but not as much as expected, and ARR was bigger than expected even though growth slowed a bit …...
Super quick: PTC to acquire ServiceMax for $1.5 billion

Super quick: PTC to acquire ServiceMax for $1.5 billion

Super quick: PTC to acquire ServiceMax for $1.5 billion PTC just announced that it will acquire ServiceMax in a $1.46 billion deal that’s expected to close in January. You’ve probably heard of ServiceMax; they offer field service management solutions in...
PTC’s FQ1 was good, but macroeconomic worries loom

Siemens DI software revenue up 14%, again led by EDA

Siemens DI software revenue up 14%, again led by EDA Siemens today reported decent results for its fiscal third quarter even with the stresses in component supply chains and the European energy markets. The part we care most about, Digital Industries, reported revenue...
PTC’s FQ1 was good, but macroeconomic worries loom

PTC closes Codebeamer deal, reports solid FQ2

PTC closes Codebeamer deal, reports solid FQ2 PTC just announced that it has closed its acquisition of Intland Software and its Codebeamer. And that reminds me that I never did publish a note on PTC’s earnings last week — which were very positive. First,...
Super quick: PTC to acquire ServiceMax for $1.5 billion

Quickie: PTC adds to codeBeamer to its ALM offer

Quickie: PTC adds to codeBeamer to its ALM offer PTC just announced that it is acquiring Intland Software, maker of codeBeamer Application Lifecycle Management (ALM), for roughly $280 million. PTC says codeBeamer is a “flexible and modern, easy-to-use interface....
Super quick: PTC to acquire ServiceMax for $1.5 billion

Altair gets into PLM with Cassini acquisition

Altair gets into PLM with Cassini acquisition Altair just announced that it has acquired Cassini Systems, a cloud-native PLM platform. Cassini does many of the things you’d expect a PLM to do — vault, manage collaboration, etc.– but perhaps a...
PTC’s FQ1 was good, but macroeconomic worries loom

Siemens orders ahead of plan, SaaS booming

Siemens orders ahead of plan, SaaS booming Ah, Siemens. If you thought Hexagon was complicated, buckle in. Siemens AG just reported fiscal Q1 2022 results, and we’re going to roll that into a recap of fiscal 2021. There’s a lot of ground to cover, so...