Industry Summary Articles

Cadence Design Systems, Inc. today announced three new additions to its OrCAD® product line to accelerate the mainstream PCB design process and provide a significant boost to productivity and efficiency. The new OrCAD products include OrCAD Engineering Data Management (EDM), a comprehensive collaboration and management environment for OrCAD Capture; OrCAD…

China Chengda Engineering Co. Ltd., a leading engineering, procurement and construction (EPC) company in China, has renewed its Strategic Alliance Agreement with Intergraph®, reaffirming its commitment to a long-term strategic relationship between the two industry leaders. The extension of the agreement allows Chengda access to Intergraph SmartPlant® Enterprise solutions, as well…

PTC reported results for its third fiscal quarter ended June 28, 2014.  Highlights Q3 Results: Revenue of $337 million, up 7% over Q3'13 non-GAAP revenue and up 5% on a constant currency basis Non-GAAP EPS of $0.53, up 19% year over year and up 14% year over year on a constant…

Infor today announced that it will host an investor conference call to discuss Q4 fiscal year 2014 results for current holders of Infor securities and other interested parties on Monday, July 28, at 11 a.m. Eastern time. Materials and dial-in details will be available at www.infor.com/company/investor-information/ after 8 a.m. Eastern time Monday,…

Dassault Systèmes today reports IFRS unaudited financial results for the second quarter and first half ended June 30, 2014. These results were reviewed by the Company’s Board of Directors on July 23, 2014. Summary Highlights (unaudited) On an organic basis, second quarter non-IFRS new licenses and software revenue both up…

Mentor Graphics Corporation today announced the appointment of Mike Ellow as senior vice president, World Trade, effective August 1, 2014. He replaces Don Maulsby, who is retiring from this role. Ellow joined Mentor Graphics as part of the company's acquisition of Berkeley Design Automation, where he was vice president of Global Sales. Prior to that…

PTC  announced it has signed a definitive agreement to acquire privately-held Axeda Corporation, a pioneer in the development of solutions to securely connect machines and sensors to the cloud, for approximately $170 million in cash. Axeda's technology innovation, extensive customer base, and powerful partnerships directly complement the PTC ThingWorx business, and will…

Dassault Systèmes today announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a provider of on-premise and on-cloud supply chain and Operations Planning & Optimization software, for approximately €250 million. With 800 employees, Quintiq, whose offerings include production, logistics and workforce planning applications, is rated…

Mentor Graphics Corporation today announced its next offering in the new Xpedition® platform, the Xpedition Data Management (xDM) product suite. The xDM Design product suite provides a flow-wide information hub that manages the PCB design data that is created, reused, imported, or released from the Mentor Graphics® Xpedition Enterprise platform.…

Aras® today announced that Singapore-based NuStar Technologies Pte Ltd, an engineering company with innovative solutions to challenging land and offshore engineering projects, has selected the Aras solution suite for both enterprise PLM and quality management. The breadth, depth and flexibility of the Aras Innovator® platform will enable NuStar to re-imagine…