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Former Mainframe2 nets $10 million in VC funding

Former Mainframe2 nets $10 million in VC funding

Renamed Frame, the cloud-based hosting service for software is becoming popular with graphics software vendors. Frame (formally known as Mainframe2) an online platform that lets users run any software in a browser, announces securing $10 million in Series A funding from a trio of Silicon Valley venture capital firms. Dr. Nikola Bozinovic started Frame in […]

Autodesk announces 1 million Exchange Apps downloads

Autodesk announces 1 million Exchange Apps downloads

Autodesk’s Apps Exchange store reaches the one million download mark.

Nvidia to acquire TransGaming game portability technology

Nvidia to acquire TransGaming game portability technology

Nvidia pays $3.75 million to speed up the porting of games to its Android Shield environment. Nvidia is acquiring technology assets and related customer lists from Canadian software house TransGaming Inc. (TSX VENTURE: TNG). Nvidia will use the new tech to strengthen its gaming initiatives, including porting existing games for their new line of Android Shield devices. […]

Aveva adds to steel fabrication portfolio

Aveva adds to steel fabrication portfolio

FabTrol provides automated estimating and bid preparation for steel design. Plant design software specialist Aveva has agreed to acquire FabTrol Systems, Inc. of Eugene, Oregon. Aveva will add FabTrol’s software for steel design estimating and bid preparation to its Aveva Everything 3D suite. Terms of the deal were not announced.   Aveva says FabTrol software is “a […]

Apple acquires Metaio

Apple acquires Metaio

Leading AR tools and app developer Metaio of Germany has been acquired by Apple. The company is now cloaked in darkness but we’re waiting for a cloud of AR butterflies to emerge from Apple.

Siemens PLM teases Catchbook

Siemens PLM teases Catchbook

Siemens is reaching out: PLM group showed off Catchbook, a tablet based drawing and drafting tool for a wide range of applications from professional to consumer.

The Foundry has a new majority owner

The Foundry has a new majority owner

London private equity firm HgCapital pays $312 million to add The Foundry to its Technology, Media & Telecommunications group.  The Foundry, best known for its creative media products Mari, Modo, and Nuke, has a new majority owner. London private equity firm HgCapital has paid £200 million ($312 million) to take over majority ownership from The […]

Autodesk posts solid Q1 despite strong US Dollar

Autodesk posts solid Q1 despite strong US Dollar

Cash flow and net profit were down; AEC remains strong. By Randall S. Newton Autodesk (NASDAQ: ADSK) reported a solid first quarter for fiscal 2016, despite lowered sales due to the strong US Dollar and the continued transition from perpetual licenses to subscriptions. Revenue was $647 million, up 9% compared to 1Q15, and 13% on […]

Moore’s Law turns 50; Gordon Moore worries that US is losing its edge

Moore’s Law turns 50; Gordon Moore worries that US is losing its edge

Intel celebrates the semi-centennial of Moore’s Law with events highlighting the work of the Gordon and Betty Moore foundation. Moore says he’s been surprised by how well his prediction has held up over the years, but he’s disappointed that the US seems to be losing interest in investing in pure research.

Bentley reports $625 million revenue for 2014

Bentley reports $625 million revenue for 2014

The privately held AEC software firm offers annual insight into operations. Compared to 2013 Bentley has lost ground to Autodesk. Bentley Systems today reported selected information from its 2014 revenue and operations results. Total 2014 revenue of $625 million is up 7% from 2013 revenues. Net income was not disclosed. As a private company, Bentley […]