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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 […]

GPU shipments down in first quarter

GPU shipments down in first quarter

All three major vendors of graphics processors saw declining sales except in their notebook models. Shipments of graphics processors (GPUs) followed the general PC market during the first quarter of 2015, with lower sales. But GPUs for notebooks bucked the trend, says Jon Peddie Research (JPR) in its GPU market update for the first quarter […]

Global currency issues limit Ansys to 1% growth in first quarter

Global currency issues limit Ansys to 1% growth in first quarter

North America was up, Europe and Japan down. Next quarter could be just as lean. By Randall S. Newton Ansys (Nasdaq: ANSS) has reported first quarter 2015 results that, by its standards, seem unusually timid. Revenue was $217 million, up only 1% year-over-year. Ansys was hit as hard as any vendor we cover by foreign […]

PTC is connecting the digital prototype and the physical product

PTC is connecting the digital prototype and the physical product

Its LiveWorx conference on the Internet of Things has 1,000 more attendees than expected. The yottabytes are coming sooner than you think.  Today’s factories turn digital prototypes into physical products, says PTC CEO Jim Heppelmann. But what becomes of the virtual model after the real one exists? The physical product never connects back to its […]

Intel reorg shuffles the deck chairs, but Mooly Eden is out

Intel reorg shuffles the deck chairs, but Mooly Eden is out

Is the ship safe now? By Jon Peddie In its latest reorg, Intel has moved a lot of folks around, shoved a couple sideways and in the process lost one of its most colorful and successful leaders. Intel has established a new organization that merges the New Devices Group with other organizations and is now […]

By April 29, 2015 2 Comments Read More →
Lower services revenue, currency issues lead PTC to lower second quarter

Lower services revenue, currency issues lead PTC to lower second quarter

Two 3D development platforms on one license

Two 3D development platforms on one license

TechSoft 3D offers HOOPS as complementary Cloud and Desktop development kits. Tech Soft 3D, a leading developer of 3D software development toolkits, has streamlined its HOOPS platform into two complementary platforms. Today the company releases HOOPS Cloud Platform and HOOPS Desktop Platform, which software developers can use to provide 3D CAD data exchange, visualization, and […]