Quantcast

BIZ

Siemens to buy Mentor Graphics for $4.5 billion

Siemens to buy Mentor Graphics for $4.5 billion

The industrial giant will add Mentor to its existing PLM division. The price was 21% higher than last Friday’s stock price. Siemens (OTCMKTS:SIEGY) today announced it has reached a merger agreement with Mentor Graphics (NASDAQ: MENT) by which the industrial giant will acquire Mentor for $4.5 billion. The price represents a stock value of $37.25 […]

By November 14, 2016 Read More →
Siemens takes ownership stake in Bentley via strategic alliance

Siemens takes ownership stake in Bentley via strategic alliance

Siemens is acquiring €70 million in Bentley secondary stock as part of the wide-ranging technology development plan. The two have been forming an ever-deeper alliance since 2012.   Siemens and Bentley Systems announced today a new strategic alliance to advance their existing technology development relationship. The two will work to extend infrastructure project delivery into […]

By November 10, 2016 Read More →
Too much of a good thing ends PTC year on a loss

Too much of a good thing ends PTC year on a loss

Customers switching to subscriptions at a faster rate than predicted means lots of revenue that can’t be booked in the current quarter.   A stronger than expected move among customers to subscription accounts was good news for PTC in the long run, but the surge meant the company ended its fiscal year with a net […]

By November 1, 2016 Read More →
Dassault Systemès reports 9% revenue growth in third quarter

Dassault Systemès reports 9% revenue growth in third quarter

Net income was up 7%; no specific trends marked the quarter. [Editor’s Note: Unless noted, all Euro amounts are in constant currencies, a way of accounting for variations in currency values over time when making revenue comparisons.] Dassault Systemès (OTCMKTS: DASTY) reported a comfortable third quarter, with total revenue up 9% from a year ago. […]

By October 26, 2016 Read More →
Is Mentor Graphics seeking a buyer?

Is Mentor Graphics seeking a buyer?

With design software for both EDA and mechanical, the Oregon company would be a good fit for several CAD firms. Reuters is reporting Mentor Graphics (NASDAQ: MENT) has retained the services of Bank of America to explore “strategic alternatives” which could include a potential sale. The Wilsonville, Oregon company develops design software primarily for electronic […]

By October 18, 2016 Read More →
Workstation vendors set sales record in second quarter

Workstation vendors set sales record in second quarter

Dell and HP continue their battle for market leadership.   The workstation market continues to be the shining start of the computer market, setting a quarterly sales record in the second quarter of 2016. The new market report from Jon Peddie Research says 1.1 million name-brand computer workstations were sold in the quarter, up 21.7% […]

By October 4, 2016 Read More →
Autodesk to launch new stock repurchase plan; why?

Autodesk to launch new stock repurchase plan; why?

The answer may be about next year’s earnings per share. Autodesk has announced a new program to repurchase up to 30 million shares of its common stock. This new repurchase program is in addition to the approximately 1.5 million shares that remain to be repurchased from previously announced share repurchase programs. As a public company, […]

By September 22, 2016 Read More →
Boris FX acquires GenArts for Sapphire video effects

Boris FX acquires GenArts for Sapphire video effects

Boris Yamnitsky is building a VFX plug-in conglomerate using close partnerships and strategic acquisitions. Two leaders in plug-in technology for visual effects software have come together with the news that Boris FX has acquired GenArts. Founded in 1995, Boris FX is best known for Boris Continuum Complete (BCC) and Mocha Pro, used by more than […]

By September 20, 2016 Read More →
GE buys European 3D printing companies

GE buys European 3D printing companies

Design and Manufactured become inextricably linked as a new round of consolidation combine manufacturing and design companies. We’ve been talking about the disaggregation of markets with the blithe assumption no one would really know what the hell we’re talking about so we’d have a little bit of leeway to figure it out. But GE’s acquisition […]

By September 17, 2016 Read More →
Autodesk reports “terrific” second quarter

Autodesk reports “terrific” second quarter

Sees increase in subscriptions and uptake in suites. Autodesk reported revenue of $551 million for the quarter ending in July ’16 (second quarter of fiscal 2017), which represents 10% decline year over year. New model subscription revenue increased 82% year over year to $371 million. Net loss was $98.2 million, which is an improvement year over […]

By August 29, 2016 Read More →