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PTC Q3 results in a word: Ouch!

PTC Q3 results in a word: Ouch!

Monstrous gains for Internet of Things doesn’t compensate for lackluster quarter in core businesses.   By Randall S. Newton PTC (NASDAQ: PTC) delivered news they would rather have swept under the rug with their third quarter 2015 financial report. It was a down quarter for total revenue, net income, software revenue, earnings per share, and […]

Dassault Systèmes net profit up 50% in second quarter

Dassault Systèmes net profit up 50% in second quarter

All divisions and regions reported growth despite continued currency fluctuations. Despite continuing fluctuations in currency values across the globe, Dassault Systèmes (Euronext Paris: DSY.PA) reported a solid second quarter. Measured in constant currencies, total revenue for the quarter ending June 30, 2015 was €715.7 million, up 16% from the second quarter one year ago. Software […]

Aveva and Schneider Electric agree to a reverse merger

Aveva and Schneider Electric agree to a reverse merger

Aveva can loosen its belt and get comfortable as it becomes larger than Bentley Systems as a result of this complex deal. Plant design and engineering software company Aveva has struck a reverse merger deal with Schneider Electric. Cambridge, UK-based Aveva (LON: AVV) will receive Schneider’s software unit for approximately $857.7 million (£550 million). In […]

The 3MF format pulls ahead with important new members

The 3MF format pulls ahead with important new members

The 3MF consortium has reached an important milestone with the participation of key members including 3D Systems, Stratasys, Siemens PLM, SLM Solutions, and Materialise. Meanwhile, Microsoft has figured out a new way to do standards with the Joint Development Foundation.

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.