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Items filtered by date: November 2024 - CIMdata
The Nemetschek Group, a leading software provider for the AEC/O and media industry, will be presenting its latest innovations together with its brands ALLPLAN, Bluebeam, dRofus, Graphisoft and Solibri at BIM World Paris on April 2 and 3, 2025. At stand D10/F11, the focus will be on the growing importance of artificial intelligence and sustainability – two key topics that are significantly shaping the digital transformation of the industry. BIM World 2025 offers an extensive program of conferences and workshops on current topics such as BIM & Interoperability, Cybersecurity & Artificial Intelligence and Decarbonization & Sustainable Development. With over 250 exhibitors, it is one of the leading events for digital solutions and innovations in the construction, real estate and urban planning industries. In addition to exciting live demonstrations and insights into the innovative software solutions at their own stand, speakers from the Nemetschek Group and its brands will also be presenting as part
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Stratasys Ltd. announced its product and speaker lineup for RAPID + TCT 2025, North America's largest additive manufacturing and industrial 3D printing event, taking place April 8–10 in Detroit, Michigan. The company will unveil multiple new solutions and materials, host live product demonstrations, and present in a dozen conference sessions—all focused on helping manufacturers transform their operations across the manufacturing lifecycle. Visitors to booth #2501 will experience Stratasys’ full additive ecosystem in action, featuring six 3D printers across five technologies, over 120 printed parts, and a range of software, materials, and post-processing solutions. “Additive Manufacturing stands at an important crossroads as manufacturers across the globe decide on the right path forward during a period of opportunity, risk and uncertainty,” said Rich Garrity, Chief Business Unit Officer, Stratasys. “The need for AM has never been greater and the team looks forward to discussing in Detroit the clear advantages of integrating additive into the
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Simulations Plus, Inc. (“Simulations Plus”), a leading provider of cheminformatics, biosimulation, simulation-enabled performance and intelligence solutions, and medical communications to the biopharma industry, reported financial results for its second quarter fiscal 2025, ended February 28, 2025. Second Quarter 2025 Financial Highlights (as compared to second quarter 2024) Total revenue increased 23% to $22.4 million Software revenue increased 16% to $13.5 million, representing 60% of total revenue Services revenue increased 34% to $8.9 million, representing 40% of total revenue Gross profit was $13.1 million; gross margin was 59% Net income of $3.1 million and diluted EPS of $0.15 compared to net income of $4.0 million and diluted EPS of $0.20 Adjusted EBITDA of $6.6 million, representing 29% of total revenue, compared to $7.1 million, representing 39% of total revenue Adjusted net income of $6.2 million and adjusted diluted EPS of $0.31, compared to adjusted net income of $6.4 million and adjusted diluted EPS of $0.32 Six Months 2025 Financial Highlights
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 PDF On 2 April 2025, Siemens AG announced their intent to acquire Dotmatics, a provider of life sciences R&D software based in Boston, MA for US$5.1 billion.[1] According to Dotmatics, they offer “the world’s most comprehensive digital science platform–best-of-breed software applications already used by more than 2 million scientists, together in a single ecosystem united by a powerful, flexible enterprise data platform. This is not flat data buried away in digital graveyards. This is dynamic, multi-dimensional decision-making.”[2] Their 800-person global team supports customers in over 180 countries. With this acquisition, Siemens can “combine its comprehensive manufacturing expertise, industrial simulation and AI capabilities with Dotmatics’ leading complementary applications, creating a first-of-its-kind end-to-end digital thread that connects data from research through to production in Life Sciences.” The Siemens press release stated that Dotmatics is expected to generate $300 million in 2025 revenue. They also described the company as highly profitable with mid-teens revenue growth
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Icebound, a company within the Process Management division, announces that it has acquired pcSKOG AB in Lund, Sweden. pcSKOG is a SaaS company that strengthens Icebound’s position and offering within digital solutions for the forestry industry. The company’s net sales amount to SEK 10 m. pcSKOG is a market leader in digital forest management plans. The company’s proprietary software is an important strategic tool used throughout the forest’s entire lifecycle, from planning forestry measures to certifications, financial management, valuation and sales. “We are very pleased that pcSKOG now is part of Icebound. With their long experience and good knowledge in the forest industry, we look forward to being able to offer the market’s best solutions to even more customers,” says Staffan Bygdén, CEO of Icebound, a company within Addnode Group’s Process Management division. pcSKOG will be consolidated from April 2025 as part of Addnode Group’s division Process Management. To view the original press release, please
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Nano Dimension, a digital manufacturing leader, today announced the completion of its acquisition of Desktop Metal, Inc. ("Desktop Metal"), establishing a global leader in innovative disruptive systems, software, and materials for high-value, high-performance electronics, mechanical, and medical applications. The transaction, valued at $179.3 million or $5.295 per share, was finalized following receipt of all necessary regulatory approvals and satisfaction of customary closing conditions.  The combined company The combined company is expected to have annual revenue for the year ended December 31, 2024 of over $200 million, based on preliminary and unaudited full year 2024 results. The expanded enterprise will have global operations designing and delivering a complementary portfolio of advanced manufacturing solutions, including capital equipment, materials, and software, for design-to-manufacturing of sophisticated electronics, mechanical, and medical applications. The expanded diverse customer base will include Fortune 500 companies and industry leaders across aerospace & defense, automotive, consumer, electronics, industrial automation, medical technology, along with research
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Siemens AG announces that it has signed an agreement to acquire Dotmatics, a leading provider of Life Sciences R&D software based in Boston, for $5.1 billion from Insight Partners. This acquisition represents a strategic milestone for Siemens, expanding its comprehensive Digital Twin technology and AI-powered software into this rapidly growing complementary market. The US company offers a market leading platform with a highly profitable portfolio of scientific applications and multi-modal data management for Life Sciences R&D. The company’s offering accelerates customers’ innovation, delivering next generation collaboration and contextualized data to enable AI-powered multi-modal drug development.  “By acquiring Dotmatics, we’re strategically strengthening our position in Life Sciences and creating a world-leading AI-powered PLM software portfolio as part of Siemens Xcelerator. Artificial Intelligence has emerged as a transformative force across various industries, and its application in Life Sciences is becoming increasingly important”, said Roland Busch, President and CEO of Siemens AG. “The Dotmatics acquisition
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Dassault Systèmes is partnering with UNESCO and the World Federation of Engineering Organizations to highlight the value of virtual twin experiences in driving responsible and transformative business practices that advance the U.N. Sustainable Development Goals. From March 2025-March 2026, the World Engineering Day hub is showcasing Dassault Systèmes and its commitment to contribute actively to SDGs 4-Quality Education, 12-Responsible Consumption & Production, and 13-Climate Action by supporting customers and nurturing academic and research ecosystems. In a video created for WED, thought leaders cite industrial examples highlighting the role of virtual twins across manufacturing, infrastructure and cities, and life sciences and healthcare, thereby enabling companies in these sectors to adopt a sustainable innovation approach to progress toward climate goals. The video also highlights the role of education in shaping the next generation of engineers with in-demand virtual twin skills. Throughout the next year, Dassault Systèmes’ insights and expertise will be highlighted in WED’s overall campaign of events,
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DXC Technology, a leading Fortune 500 global technology services provider, announced the appointment of Sandeep Bhanote as the Financial Services Industry Leader for DXC’s Consulting & Engineering Services - Powered by AI (CES), effective immediately. Bhanote will report directly to Howard Boville, DXC President of CES. “Sandeep brings a rare blend of entrepreneurial spirit, commercial acumen, and the ability to connect strategy, product, and go-to-market execution,” said Raul Fernandez, President and CEO of DXC. “From leading Radius8 as CEO to driving business growth at Clover by Fiserv, he has consistently demonstrated how to scale, transform, and deliver. His experience working with global C-level executives, combined with his client-centric mindset, makes him a tremendous asset as we accelerate our Financial Services business and deliver AI-powered solutions that create real value for our customers.” In his new role, Bhanote will lead DXC’s Financial Services vertical within CES, driving growth through AI-powered solutions designed to
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Hexagon AB announced the appointment of Andreas Renulf as President of its Manufacturing Intelligence division, effective 1 May 2025. Andreas will report directly to Norbert Hanke, interim President and CEO, Hexagon. Josh Weiss, the current President of Hexagon's Manufacturing Intelligence division, is leaving Hexagon to join another company and will work with Andreas to ensure a smooth transition and handover until his departure at the end of May. Andreas has been with Hexagon since January 2024 in the role of Chief Operating Officer and Head of Machine Control for the Geosystems division. During this time, he has played a key role in enhancing operational efficiencies within Geosystems by driving a culture of continuous improvement and collaboration across teams. Prior to joining Hexagon, he spent six years at Trelleborg, where he was President of two business units, holding full profit & loss accountability and driving both organic and M&A growth while maintaining
Published in Newsletter Articles
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