MuM sells distribution business

Sep 13, 2011 | Hot Topics

Mensch und Maschine Software (MuM) just announced that it had sold off its software distribution business to the Tech Data Group for around €25 million, about 2/3 of which which will be paid in at closing and the other 1/3 to be paid out depending on business...

News roundup for August 12

Aug 12, 2011 | Hot Topics

Last week’s earnings fever has died down, but there were still a couple of items of note this week when much of the northern hemisphere is on vacation: CENIT CENIT reported this week that it saw “increased demand … especially from the manufacturing industry and...

MuM all according to plan

Jul 25, 2011 | Hot Topics

The engineering software public reporting season starts in earnest this week, with Mensch und Maschine (MuM), PTC, Dassault Systemes and Nemetschek releasing information on their second quarter performance and their view of the year still to come.MuM kicked things off...

Rand reports growth, shareholders like

May 16, 2011 | Hot Topics

Rand Worldwide, the entity created last year by the reverse merger of Rand and Avatech, today reported total third quarter revenue of $27.4 million, up handily from the $13.5 million reported by Rand alone a year ago. My notes show that Avatech reported revenue of...

CENIT: good Q1, cautious about year

May 12, 2011 | Hot Topics

CENIT, the Germany-based reseller and developer of PLM solutions, announced results yesterday for Q1. Like many in the engineering software space, it saw “clear growth” over 2010, continuing the upward trend that started in the latter half of last year. In fact, in...

M+M Q1 on target, too

May 2, 2011 | Hot Topics

Mensch und Maschine Software (M+M) announced Q1 results today that show that its diversification strategy is working: building up a VAR channel and focusing on the “value add” component is paying off. First quarter revenue was up 14% to €59 million, as all parts of...

CENIT: DS, PLM drove 2010 success

Mar 31, 2011 | Hot Topics

CENIT AG today gave further details about its performance in 2010 and a hint of where it sees 2011 going, now that we’re 1/4 of the way into the year. The main facts from the February announcement (summarized here) are essentially unchanged, although audited revenue...

MuM sees significant improvement in profit

Mar 21, 2011 | Hot Topics

Mensch und Maschine Software (MuM) today provided final, audited financial data for 2010 and updated guidance for 2011 and 2012. Nothing much changed in the data for 2010 (blog post on preliminary results), but the company’s share price is up almost 10% on the news,...

Rand + Avatech showing results

Feb 14, 2011 | Hot Topics

Rand Worldwide, created by the reverse merger of Rand and Avatech, today announced results for the second quarter of its fiscal 2011. Rand’s published comparisons are between the merged entity for the period ended December 31, 2010 and Rand-alone for the period ended...

More good news: Tekla, CENIT

Feb 11, 2011 | Hot Topics

A Bank of America Merrill Lynch report arrived in my inbox this morning with the title “Do earnings never end” — how true. Here are two quick notes on today’s announcements to keep you up-to-date while I finish going over the results reported by Dassault...