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ANSYS announced that it has entered into a definitive agreement to acquire Dynardo, a leading provider of simulation process integration and design optimization (PIDO) technology. The acquisition will give ANSYS customers access to a full suite of process integration and robust design tools – empowering users to identify optimal product designs faster and more economically.

Companies are under pressure to develop next-generation products as developments in autonomous vehicles, electrification and 5G continue to advance – increasing design complexity and cost. To meet these demands while still bringing groundbreaking products to market, companies are turning to PIDO technologies that are open and...

The Board of Directors of ATOS SE took note of the announcement by the presidency of the French Republic of its proposal to nominate Mr. Thierry Breton as Commissioner representing France in the European Commission.

Consequently, Mr. Thierry Breton will give notice of his resignation from his position as Chairman and Chief Executive Officer of ATOS SE with effect from October 31, 2019.

In accordance with the succession plan proposed by the Nomination and Remuneration Committee, ATOS SE’s Board of Directors intends to separate the offices of Chairman of the Board of Directors and of Chief...

SAP SE announced its financial results for the third quarter 2019 ended September 30, 2019.

Double-Digit Growth Across Revenue, Profit and Cash Flow
Operational Excellence Boosts Margins

New Cloud Bookings Up 39%, Software License Revenue Down 1%

Cloud Revenue Up 37%

Cloud Gross Margin Up More Than 5 Percentage Points

IFRS Operating Profit Up 36%; Non-IFRS Operating Profit Up 20%

IFRS Operating Margin Up 4.2pp; Non-IFRS Operating Margin Up 1.7pp

Q3 Operating Cash Flow Up 28%, Free Cash Flow Up 116%

Third quarter...

Dassault Systèmes announced that Lockheed Martin is deploying the 3DEXPERIENCE platform to support its digital engineering initiatives. Through this multi-year collaboration between the two companies, Lockheed Martin aims to build a digital thread that extends from design through manufacturing for its next generation airplanes and helicopters. Lockheed Martin is using a variety of industry solution experiences based on the 3DEXPERIENCE platform as part of a larger suite of digital engineering tools. The company’s Aeronautics and Rotary and Mission Systems business areas are utilizing the platform for 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions in...

PTC reported financial results for its fiscal fourth quarter and fiscal year ended September 30, 2019.

James Heppelmann, President and CEO said “PTC’s ARR grew 12% in fiscal 2019 reflecting the strength of our technology in the markets we serve and the value we provide to our customers. We also successfully completed the transition to subscription licensing and ended the year strong across key financial metrics including revenue and margins.”

Heppelmann added, “Today, we also announced PTC’s intention to acquire Onshape, creators of the first SaaS product development platform that unites next-generation CAD, data management, and collaboration tools. Onshape’s proven talent and...

Microsoft Corp. announced the following results for the quarter ended September 30, 2019, as compared to the corresponding period of last fiscal year: Revenue was $33.1 billion and increased 14% Operating income was $12.7 billion and increased 27% Net income was $10.7 billion and increased 21% Diluted earnings per share was $1.38 and increased 21% “The world’s leading companies are choosing our cloud to build their digital capability,” said Satya Nadella, chief executive officer of Microsoft. “We are accelerating our innovation across the entire tech stack to deliver new value for customers and investing in large and growing markets with...

Thursday, 24 October 2019 08:38

PTC to Acquire Onshape

PTC announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million, net of cash acquired. The acquisition is expected to accelerate PTC’s ability to attract new customers with a SaaS-based product offering and position the company to capitalize on the inevitable industry transition to SaaS. Pending regulatory approval and satisfaction of other closing conditions, the transaction is expected...

Atos announces that it has signed an agreement to acquire X-PERION Consulting AG in Germany to combine it with Atos’ fully-owned subsidiary ENERGY4U GmbH, part of its Worldgrid activities. The business combination of both companies will create a leading IT service provider for energy and utility companies in Germany and will strengthen Atos’ global vertical strategy for the energy and utilities market.

X-PERION Consulting AG (“X-PERION”) is a leading IT consulting company specialized in SAP applications for the energy sector. It will complement the portfolio of ENERGY4U GmbH (“ENERGY4U”), a 100% subsidiary of Atos in Germany which is...

Synopsys, Inc. today announced the new DesignWare® ARC® VPX5 DSP and VPX5FS DSP Processor IP that is based on an extended ARCv2DSP instruction set and optimized for a broad range of high-performance signal processing applications, such as RADAR/LiDAR, sensor fusion, and baseband communications processing. The new ARC VPX5 DSP processors implement a configurable, energy-efficient very long instruction word (VLIW)/single instruction-multiple data (SIMD) architecture that combines scalar and vector execution units to enable a high degree of parallel processing. The Synopsys ARC VPX5FS DSP processor offers safety monitors, lockstep capabilities, and other hardware safety features that help designers achieve the most...

Synopsys, Inc. today announced the new DesignWare® ARC® VPX5 DSP and VPX5FS DSP Processor IP that is based on an extended ARCv2DSP instruction set and optimized for a broad range of high-performance signal processing applications, such as RADAR/LiDAR, sensor fusion, and baseband communications processing. The new ARC VPX5 DSP processors implement a configurable, energy-efficient very long instruction word (VLIW)/single instruction-multiple data (SIMD) architecture that combines scalar and vector execution units to enable a high degree of parallel processing. The Synopsys ARC VPX5FS DSP processor offers safety monitors, lockstep capabilities, and other hardware safety features that help designers achieve the most...

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