Shutterstock has announced the acquisition of TurboSquid for $75 million cash, and in a single stroke becomes the “world’s largest 3D marketplace.” This deal is a boon for Shutterstock. Turbosquid claims 1.9 million customers. In addition, Turbosquid’s content creators will have a larger pool of customers by joining Shutterstock. Shutter stock has expansion on its mind, last November, Shutterstock acquired … Read more
In 2017, Autodesk announced plans to collaborate with Unity to create a link between Unity and Revit’s BIM models. The first result of that collaboration was Unity Reflect, which started shipping in November 2019. Unity Reflect creates a link between Revit and Unity enabling the creation of 3D visualizations of Revit projects in Unity Reflect. Users could define what information … Read more
Indisputably, 2020 was a big year for Bentley Systems and the third quarter a major milestone, as the company provided its financial results as a public company. The company is a big data company through and through, even before it knew it was a big data company. Visualizing and understanding trends and technology flows through the company’s DNA. It’s great … Read more
The upcoming Ares Commander 2022 enables users to access BIM content to take off DWG files for documentation that stay current with the BIM model. (Source: Graebert) At one time it may have been possible to consider Graebert as the maker of products to compete with AutoCAD, but that was a long time ago. Graebert’s CAD tools—from DraftSight for … Read more
Dassault’s financial has been able to raise its revenues in a tough time, but only because it bought Medidata, specifically a life sciences company involved in drug testing right before the onset of a global pandemic. Total revenue was up 13%, thanks to that acquisition. Dassault’s total software revenue was up 17%. The services segment for Dassault has been hard … Read more
Spacewell, a subsidiary of the Nemetschek group based in Antwerp, Belgium has acquired Dexma, a provider of SaaS products that use AI and machine learning for energy management. Based in Barcelona, the company is working with over 4,000 customers in 30 countries enabling them to measure, monitor, and manage their energy consumption and costs. Koen Matthijs, Nemetschek’s Chief Division Officer, … Read more
PTC announced plans to acquire SaaS PLM company, Arena Solutions of Foster City, for $715 million in cash. The deal is expected to close in PTC’s fiscal Q2 2021. In the announcement, PTC CEO Jim Heppelmann said Arena would become part of PTC’s effort to become “the industrial SaaS leader,” building on the work that PTC is putting into its … Read more
It’s not news to anyone that cloud-based workflows are booming, but it’s good news for Autodesk that its customers are buying into SaaS models. In addition to riseing revenues, the company says it’s becoming more engaged with its customers as strategic partners. In his call to investors, CEO Andrew Anagnost says the company has signed some of its largest deals … Read more
Graphisoft is turning the crank and getting updates when they’re ready rather than waiting for full release packages as has been the practice across the professional software world. This summer, Graphisoft released Archicad 24 as a significant release to advance BIM capabilities and interoperability between architects and engineers. It has enabled better exchanges of data across Architecture, Structural, Civil, and … Read more
If you can forget about the silence of the slot machines, Autodesk’s virtual AU perfectly captured the vibe of the real thing with all the good and all the not so good. All of the good includes a wealth of information including ideas and news about product updates as well as ideas from outside the box of Autodesk’s software applications … Read more
In July 2020, Stratasys added the J55 compact to its line of J series multijet printers, which can now print multiple colors, textures, and materials, all in the same run. Stratasys has been actively building a pipeline for its printers through the 3MF consortium which will enable designers to create a prototype in less time with more realism. Stratasys has … Read more
The steady arrivals of new processor cores and new products built around them can only mean one thing…the holidays are coming! While all the little children wait for turkey, pumpkins, pie, treats, lights, parties, and on and on, the people in the tech industry have their own elves—Jensen, Lisa, Tim, Bob. Jon Peddie does his best, to sum up, what … Read more
