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Synopsys, Inc. announced it has entered into a definitive agreement with Clearlake Capital Group, L.P. ("Clearlake") and Francisco Partners, two global private equity firms, for the sale of its Software Integrity Group business in a transaction with a total value of up to $2.1 billion, including up to $475 million in cash payable upon Francisco Partners and Clearlake achieving a specified rate of return in connection with one or more liquidity transactions. Upon completion of the transaction, the business will emerge as a newly independent application security testing software provider. The existing Software Integrity Group management team is expected to lead the newly independent, privately held company after the transaction closes. The name of the new standalone entity will be announced at a later date. Synopsys is committed to a seamless transition for the Software Integrity Group team, customers, and partners. "Clearlake and Francisco Partners have a strong track record of success investing in growing software platforms and are

AECOM, the world’s trusted infrastructure consulting firm, reported second quarter fiscal 2024 results.   Second Quarter Fiscal 2024 (from Continuing Operations; $ in millions, except EPS) As Reported Adjusted1(Non-GAAP) As Reported YoY % Change Adjusted YoY % Change Revenue $3,944 -- 13% -- Net Service Revenue (NSR)2 -- $1,820 -- 8% Operating Income $200 $240 2% 13% Segment Operating Margin3 -- 15.1% -- +70 bps Net Income $111 $142 (6%) 10% EPS (Fully Diluted) $0.81 $1.04 (4%) 13% EBITDA4 -- $268 -- 10% EBITDA Margin5 -- 15.4% -- +40 bps Operating Cash Flow $94 -- 725% -- Free Cash Flow6 -- $74 -- NM Total Backlog $23,745 -- 3%7 -- Second Quarter Fiscal 2024 Highlights Reflecting as reported performance from continuing operations, revenue increased 13% to $3.9 billion, operating income increased 2% to $200 million, the operating margin decreased 60 basis points to 5.1% due to restructuring-related expenses, net income decreased 6% to $111 million, and diluted earnings per share decreased 4% to $0.81. Net service revenue2 increased by 8%, driven by the Water, Transportation and Environment end markets, where AECOM is ranked #1 by ENR, and a growing contribution from larger wins. The net service revenue growth rate included an approximately 100 basis point headwind from fewer working days compared to the prior year period. The segment adjusted1 operating margin3 increased by 70 basis points to

Rockwell Automation, Inc. reported second quarter fiscal 2024 results. "Execution in the second quarter was solid, and we continue to see sequential order improvement. However, there is more excess inventory at our customers, particularly machine builders, than we originally expected. As a result, we are not yet seeing the accelerated order ramp this fiscal year and are reducing our full-year guidance. Despite the lower FY24 outlook, we are gaining share across many of our most important product lines and in North America, our largest market," said Blake Moret, Chairman and CEO. Fiscal Q2 2024 Financial Results Fiscal 2024 second quarter sales were $2,126 million, down 6.6% from $2,275 million in the second quarter of fiscal 2023. Organic sales decreased 8.1%, currency translation increased sales by 0.1%, and acquisitions increased sales by 1.4%. Fiscal 2024 second quarter Net income attributable to Rockwell Automation was $266 million or $2.31 per share, compared to $300 million or

Agiloft, the most trusted global leader in data-first contract lifecycle management (CLM), announced enhanced capabilities for contract intelligence and connectivity. The new Generative AI Prompt Lab capabilities empower users to leverage public or private large language models (LLMs) to enhance any contract data within their Agiloft environment bringing, for the first time, organization-specific AI capabilities to every element of contract lifecycle management. Additionally, in response to the growing demand for expanding access to AI across the organization, the new ConvoAI Document Q&A™ enables any authorized user to use Generative AI to find, analyze, contextualize, and extract information from any contract through the standard Agiloft document viewer. These and other new features introduced in the upcoming Agiloft Spring Release focus on simplifying connections to contract intelligence via: Boosted productivity: templated AI-powered shortcuts created and maintained through GenAI Prompt Lab, bring unmatched efficiency to high volume, yet repetitive, daily tasks, releasing valuable legal

Centric Software®, the Product Lifecycle Management (PLM) market leader, is pleased to announce the launch of SOLIDWORKS PDM Connect 1.0, an enhanced PLM connector for SOLIDWORKS and SOLIDWORKS PDM users. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, outdoor, luxury, multi-category retail, grocery, food & beverage, cosmetics & personal care and consumer electronics to achieve strategic and operational digital transformation goals. SOLIDWORKS is one of the 3D CAD design solutions most used and preferred by hard goods engineers, especially among consumer goods brands and manufacturers. More than 3 million product designers and engineers worldwide, representing 240,000+ organizations, use SOLIDWORKS to bring their designs to life. Centric launched a SOLIDWORKS connector in 2021 as part of their 3D agnostic strategy, extending native, end-to-end 3D product design, development and product review with integration between leading 3D design packages and

Centric Software® the Product Lifecycle Management (PLM) market leader, is set to showcase its AI-driven solutions to fuel ‘real-time retail’ at NRF Asia 2024, retail’s most important event in the region. In the face of supply chain disruptions and intense competition, brands and retailers are under immense pressure to maximize profits, respect sustainability & other compliance requirements and make consumers happy. Solutions from Centric Software empower brands and retailers to produce winning product portfolios, gain visibility to make data-driven decisions and execute, replenish and re-price in real-time with its end-to-end AI-powered solutions. Founded in 2003, Silicon Valley based Centric Software provides an innovative product concept to launch platform for retailers, brands and manufacturers of all sizes and segments of the consumer goods industry including fashion, footwear, luxury, outdoor, consumer electronics, cosmetics & personal care and food & beverage. Today, Centric is trusted by 18,000 brands, retailers and manufacturers worldwide, such as Pan Pacific International

Netskope, a leader in Secure Access Service Edge (SASE), announced an expanded partnership with CrowdStrike that leverages Netskope risk insights on users, applications and activity as part of a zero trust-based approach to protecting an organization’s people and data. Netskope’s new integration with CrowdStrike Falcon® Next-Gen SIEM enables customers to unify Netskope insights with CrowdStrike data, threat intelligence, AI, and workflow automation in the AI-native Falcon® platform to drive SOC transformation and help ensure visibility and prevention across the enterprise and network. Netskope’s unique event logs surface rich details on user traffic of web, managed apps, shadow IT unmanaged apps, cloud platform services, and public facing custom apps. The ingestion of these event logs and alerts into Falcon Next-Gen SIEM enables enhanced zero trust controls for Security Service Edge (SSE) activity, and improves visibility and unifies telemetry from endpoints, cloud, identity, and additional domains.  By providing a consolidated view of endpoint, cloud, identity, DLP, and SSE alerts for

Qualtrics, the leader and creator of the experience management category, unveiled new product innovations in its XM for Employee Experience™ suite that use cutting-edge technology and machine learning to identify employees at risk for attrition, summarize employee feedback into personalized recommended actions for managers, and recognize meaningful behavioral signals across the employee journey impacting engagement and productivity. Powered by Qualtrics® AI, these new solutions pair the power of generative AI with the world’s largest database of human sentiment to help managers and people leaders elevate workforce engagement, increase retention and champion productivity. Organizations can improve their understanding of every employee, no matter where or when they work, and spend less time analyzing data and more time taking strategic action. Qualtrics XM for Employee Experience offers people intelligence for new levels of insight, and leveraging predictive analytics to solve critical business problems. “Thousands of organizations across the globe are improving their employee experience

Oracle announced new artificial intelligence (AI) capabilities within Oracle Fusion Cloud Customer Experience (CX) to help marketers, sellers, and service agents accelerate deal cycles. The new AI capabilities will help organizations generate more sales faster by automating time-consuming tasks and enabling front office professionals to more precisely target, engage, and serve buyers. “AI is continuously proving its ability to enhance user experiences and we are only beginning to see what this technology can do for customer service, sales, and marketing,” said Katrina Gosek, vice president of product strategy, Oracle Cloud CX. “The new AI capabilities embedded within Oracle Cloud CX will enable organizations to enhance customer satisfaction and drive more sales by automating processes that enable marketing, sales, and service professionals to spend their quality time on more meaningful tasks while the technology is helping to engage and serve buyers in a more precise manner.” Built on Oracle Cloud Infrastructure (OCI) and leveraging its

Qualtrics Partner Network (QPN) members are leveraging Qualtrics® AI to scale customer and employee experiences around the globe. As part of Qualtrics’ $500 million commitment to AI initiatives, companies like Amazon Web Services (AWS), Bain, EY, Deloitte, Farlinium, Kipsu and WorkJam are using the latest innovation from the Qualtrics developer platform to innovate on new experience management solutions and services. Qualtrics Partner Network (QPN), the largest experience management ecosystem, includes over 200 Go-To-Market Partners and joint solutions with more than 275 Technology Partners. Leveraging the latest AI capabilities, Qualtrics and these partners are creating new offerings that create scale and a competitive advantage for customers. At X4®: The Experience Management Summit, Qualtrics is showcasing three new AI-powered suites of products, precision-engineered for experience management, trained on the largest collection of human experience data in the world. Qualtrics partners have access to Qualtrics’ nimble and secure API-rich platform, delivering easy access to the latest