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
Nvidia reported record revenue for the third quarter ended 31 Oct 2020, of $4.7 billion, up 57 percent from $3 billion a year earlier, and up 22 percent from $3.9 billion in the previous quarter. The company’s Graphics business revenue was $2.8 billion, up 34% from last quarter and up 25% from last year. “Nvidia is firing on all cylinders, … Read more
Trimble’s fiscal third-quarter report for 2020 reveals a company that’s managing a transition to subscription and building a new business in several segments. The pandemic did not come at an ideal time for the company and the company has responded by taking a pass on forecasts. Revenue for the quarter was flat at $792.1 million, a 1% increase. The company’s … Read more
Microsoft recently introduced their new Microsoft 365 Phone System, also called the Office 365 Phone System, under the 365 Business Voice License. It is a telephony product that works with Microsoft Teams, Skype for Business, and Microsoft verified hardware devices. The “phone” comes with PBX capabilities and call controls on cloud and is not available as a standalone product but … Read more
PTC had a good fourth quarter and a not-bad year considering. PTC’s revenues are up year over year, quarter over quarter and the company says the pipeline into 2021 is looking pretty good. All this while the world struggles with a virus that just won’t go away. PTC’s revenue was $391 million in Q4, a 17% increase over Q4 2019 … Read more
AMD announced they have entered into a definitive agreement to acquire Xilinx in an all-stock transaction valued at $35 billion. The combination, says AMD, will create the industry’s leading high-performance computing company. AMD believes it will significantly expand AMD’s product portfolio and customer set across diverse growth markets where Xilinx is an established leader. AMD says the transaction will immediately … Read more
AMD’s third-quarter was up from Q2 and year-to-year in sales. Revenue was $2.8 billion, up 57% year-over-year primarily driven by higher Computing and Graphics segment revenue. Net profit was 148% quarter-over-quarter and up 225% year-to-year. “Our business accelerated in the third quarter as strong demand for our PC, gaming, and data center products drove record quarterly revenue,” said Dr. Lisa … Read more
Quibi arrived in April 2020 just a few short months ago, back when we all climbed into our shelters for a long summer’s nap. The company was headed by moguls Jeffrey Katzenberg and Meg Whitman, who are good at raising money and have worked well together, but they’re not really innovators. The idea of short-form news and entertainment channels was … Read more
For Q3 2020, Intel reported a decline in sales (revenue), profits, and margins even as even though more people bought PCs, as consumers and companies adjusted to work at home. Likewise, organizations and governments pulled back on data center spending. The company also acknowledged its next generation of chipmaking technology was six months behind schedule. Overall PC sales were up … Read more
