PTC’s ramp deals: “nothing but goodness” in a solid FQ2
PTC’s ramp deals: “nothing but goodness” in a solid FQ2 PTC reported results last night that were quite good, though a lot of what interests me (at any rate) is buried inside unhelpful product buckets. When PTC says “CAD” in these earnings...
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 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...
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am A lot is going on, so let’s get right to it: Altair has made the Radioss solver available via open source as OpenRadioss, available at www.openradioss.org....
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,...
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....
The PLMish world steps up to support Ukraine
The PLMish world steps up to support Ukraine A number of design, engineering, and PLM companies are helping to up the pressure on Russia to cease fire in Ukraine, each in their own way and in keeping with their country’s stated positions. Below is some of...
PTC’s F22 is off to a solid start, with momentum expected to accelerate
PTC’s F22 is off to a solid start, with momentum expected to accelerate PTC kicked its fiscal year off on a high note, with many metrics ahead of expectations. The facts, then some thoughts: Revenue in Q1 fiscal 2022 was $458 million up 7% (up 8% in constant...
