Industry Summary Articles

Bluebeam, a leading developer of solutions and services for architecture, engineering and construction professionals worldwide, announced updates to Revu 21, the company’s flagship desktop solution. Bluebeam’s latest release (Revu 21.0.50) delivers new markup, measurement and collaboration features available on all Bluebeam plans (Basics, Core, Complete). Highlights include: Markup and measurement features Create…

Cadence Design Systems, Inc. expanded its industry-leading Tensilica® HiFi and Vision DSP families with the introduction of four new DSPs based on the recently announced Tensilica Xtensa® LX8 processor platform. The new HiFi and Vision DSPs address increasing system-level performance and AI requirements for an expanded range of applications—delivering enhanced performance across multiple…

SimScale’s Jon Wilde published a blog post announcing the updated features added to the SimScale software in the second quarter of 2023. Jon says, “In Q2 of 2023, SimScale released highly anticipated features and updates to the product, including custom criteria and plots for wind comfort, surface tension for multiphase…

Accenture has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners. The company’s portfolio includes advanced cyber defense and response capabilities,…

Autodesk’s Stephen Hooper announced that Autodesk has signed an agreement to acquire FlexSim. The announcement was posted on the Autodesk blog. Stephen says, “I’m excited to announce that Autodesk has signed a definitive agreement to acquire FlexSim, a provider of simulation technology that enables factory and logistics center operators to…

IBM is announcing that it has acquired Manta Software Inc – a world-class data lineage platform — to complement its capabilities within watsonx.ai, watsonx.data and watsonx.governance and help businesses deliver products that are built on principles of trust and transparency. As businesses integrate AI into their workflows and data becomes…

AECOM, the world’s trusted infrastructure consulting firm, announced that it intends to issue its fourth quarter and full year fiscal 2023 earnings results after the U.S. market closes on November 13, 2023. The Company will also host a conference call and webcast with analysts and investors on November 14, 2023, at 7 a.m.…

Cadence Design Systems, Inc. announced results for the third quarter of 2023. Cadence reported third quarter 2023 revenue of $1.023 billion, compared to revenue of $903 million for the same period in 2022. On a GAAP basis, Cadence achieved operating margin of 29 percent and recognized net income of $254…

Markforged Holding Corporation (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced preliminary financial results for the third quarter ended September 30, 2023. Revenue for the third quarter was approximately $20 million, and the Company ended the September quarter with a cash,…

Aras, which provides the most powerful low-code application platform to design, build and operate complex products, announced today that Danish technology manufacturer Interacoustics is using Aras Innovator® to drive its global expansion. Interacoustics, the world's leading manufacturer and supplier of diagnostic solutions for hearing and balance testing, is part of…