HP today announced plans to separate into two new publicly traded Fortune 50 companies: one comprising HP’s market-leading enterprise technology infrastructure, software and services businesses, which will do business as Hewlett-Packard Enterprise, and one that will comprise HP’s market-leading personal systems and printing businesses, which will do business as HP Inc. and retain the current logo. Immediately following the transaction, which is expected to be completed by the end of fiscal 2015, HP shareholders will own shares of both Hewlett-Packard Enterprise and HP Inc. The transaction is intended to be tax-free to HP’s shareholders for federal income tax purposes.  Today’s announcement comes as HP approaches the fourth year of its five-year turnaround plan. Over this time, the company has executed successfully against its turnaround objectives, keeping customers and partners at the forefront. HP has reignited its innovation pipeline, strengthened its go-to-market capabilities, rebuilt its balance sheet, and inspired its workforce and

The EDA Consortium (EDAC) Market Statistics Service (MSS) today announced that the Electronic Design Automation (EDA) industry revenue increased 6.3 percent for Q2 2014 to $1757.9 million, compared to $1653.4 million in Q2 2013. Sequential EDA revenue for Q2 2014 increased 0.7 percent compared to Q1 2014, while the four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased by 5.8 percent. "Double-digit increases in PCB/MCM and Semiconductor IP led the way to an overall increase in industry revenue for Q2," said Walden C. Rhines, board sponsor for the EDAC MSS and chairman and CEO of Mentor Graphics. "Geographically, all regions except Japanhad solid revenue increases." Companies that were tracked employed 31,259 professionals in Q2 2014, an increase of 6.7 percent compared to the 29,304 people employed in Q2 2013, and up 2.7 percent compared to Q1, 2014. The complete quarterly MSS report, containing detailed revenue information broken out by both categories and

German software provider Nemetschek® AG announced it is acquiring Bluebeam® Software, Inc., the developer of PDF-based collaboration solutions for the architecture, engineering and construction (AEC) industry, for a $100 million purchase price. “Today is an exciting day for Bluebeam Software and Bluebeam users alike,” said Richard Lee, Bluebeam Software CEO. “With its Open BIM philosophy, Nemetschek is committed to making project information available to everyone, a belief strongly held by Bluebeam as well. I look forward to working together to make digital project collaboration easier than ever.” Nemetschek, Munich, is a globally leading software provider for the AEC industry. With its 11 brands including Vectorworks® and Graphisoft®, the Nemetschek Group now serves more than 1.2 million users in 142 countries from more than 40 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company has been publicly listed since 1999 and quoted on the TecDAX. The company achieved revenues of EUR 185.9

Lattice Technology, Inc., announced Lattice3D Studio version 13. This latest release of the company’s authoring tool contains features that improve productivity and increase functionality for companies that create 2D and interactive 3D technical documentation for internal use, external stakeholders and customers. Lattice Technology delivers technical communication solutions that may be used across the product lifecycle. These solutions build on top of an organization’s 3D design data, allowing companies to leverage 3D CAD model data (including PMI/GD&T) and business data (such as price, material, and supplier information from ERP, MES or other systems). Ideal for assembly process planning, work instructions, technical illustrations, electronic spare part catalogs and service portals, the innovative technology is used by manufacturing and engineering companies as the backbone for sharing and using 3D model data across the extended enterprise. Lattice3D models are ultra-lightweight (usually one half of one percent of the native CAD model) and accurate. Because of their small size,

Software training firm Infinite Skills Inc. this week released its "Mastering Autodesk Inventor - Administration and Data Exchange," an advanced course designed for experienced Inventor users, particularly those working in a company environment, teaching the program's features for producing model libraries and templates in order to track data and allow for importing and exporting of models and drawings. Autodesk Inventor is a 3D CAD software used to create, visualize, and simulate mechanical products. Infinite Skills "Mastering Autodesk Inventor - Administration and Data Exchange Tutorial" focuses on the program's tools for data management that allows users to create libraries and templates for standardized models and drawings that can be imported and exported for modification and use within individual projects. An Inventor user since 1999, course author Adam Cooper is a career mechanical engineer designing primarily plastic installations in the automotive industry. He is also an accomplished trainer and a regular speaker at Autodesk University.

IMSI/Design announced New DesignCAD® 3D Max v24. DesignCAD 3D Max, named for the second year in a row by TopTenReviews.com as one of the top 2 consumer-based CAD products, offers budget-minded professionals and hobbyist a versatile 2D/3D precision design solution.  "DesignCAD continues to be a price/performance leader in CAD," stated Bob Mayer, COO of IMSI/Design. "We've put in additional GPU-accelerated functionality for version 24, this time with a focus on 3D viewing, shading and rendering." New DesignCAD 3D Max v24 now includes: New GPU-Accelerated Drawing Performance - New RedSDK mode allows users to zoom, pan, and rotate designs in wireframe, shaded, and hidden-line up to 30 times faster! New Match Properties Tool - Lets you select some entities, than pick another object whose properties you want to apply to the selected ones. New "Solid Surface" Entity Type - More versatile than grids and memory-efficient than a bunch of planes, the Solid Surface also tends to triangulate complex planar faces. New DWG/DXF Export

Rand Worldwide announced that its IMAGINiT Technologies division released an updated version of its Scan to BIM software, Scan to BIM 2015.1. This latest release features automated piping tools specifically designed to save mechanical, electrical and plumbing (MEP) engineers and scanning professionals time when identifying, placing and connecting pipes from a point cloud to a model created with Autodesk Revit software. “The new Auto-Pipe Finder functionality in this point release dramatically reduces the amount of time it takes MEP engineers and scanning professionals to identify and connect pipes,” says Tim Johnson, senior vice president, IMAGINiT Technologies. “Traditionally this process saw Revit users having to identify and connect pipes individually, often repeating these tasks hundreds or thousands of times during a project. Scan to BIM 2015.1 has automated this entire process, dramatically shortening the amount of time it takes to create a model from point cloud data.” Auto-Pipe Finder Productivity Enhancements Auto-Pipe Finder offers wizard-like functionality that

WHO: Cadence Design Systems, Inc. to announce third quarter 2014 financial results via webcast. WHAT: You are invited to attend the third quarter 2014 financial results audio webcast. Participating on the webcast will be Lip-Bu Tan, president and chief executive officer, and Geoff Ribar, senior vice president and chief financial officer.  WHEN: The webcast will begin Monday, Oct. 20, 2014 at 2:00 p.m. PT/5:00 p.m. ET. An archive of the webcast will be available from 5:00 p.m. PT, on Oct. 20 until 5:00 p.m. PT, on Dec. 19.  WHERE: The webcast will be available online at: www.cadence.com/cadence/investor_relations

At the 2014 Composites and Advanced Materials Expo (CAMX) (previously SAMPE), October 13-16 at the Orange County Convention Center in Orlando, Fla., Collier Research Corporation will demonstrate a key software program used to lightweight the heat shield of NASA’s Orion Multi-purpose Crew Vehicle—HyperSizer®. NASA’s Orion team utilized information gathered from HyperSizer analyses to inform discussions that led to a 23 percent reduction of the final weight of the baseline design, which means hundreds of pounds of unnecessary weight were eliminated. The un-crewed test flight of the vehicle, Exploration Flight Test-1, is currently slated for December 2014. The final HyperSizer-designed heat shield will be used on later, manned flights. For those interested in learning more about this project at CAMX, James Ainsworth, aerospace stress engineer at Collier Research, will present a paper during the Thursday morning session that will give an in-depth look at the design and analysis process, as well as the

Nemetschek Vectorworks, Inc., invites professionals and students from any design discipline to attend The Business of Creativity, an online, interactive panel discussion that will connect the dots between vision and reality. The event will take place on October 9, 2014 at 2:00 p.m. EDT through a Google+ Hangout on Air. “Great design begins with ideas that run against the grain, shake the status quo and lead to unexpected and inspiring solutions,” said Steve Alden, AIA, architect at Nemetschek Vectorworks. “But it takes a keen awareness of emerging market trends and an ability to steer one’s creative workflows and perspectives in just the right way to improve and transform the world. The Business of Creativity will address these topics and more, sharing what some of today’s award-winning designers and industry professionals think about the future of technology and design, as well as how they stay ahead of the competition.” Panelists include Todd McCurdy,