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Central Innovation and Cadimage Group Limited today announce an agreement in which Central Innovation has acquired 100% of the assets of Cadimage Group and Cadimage UK. This action is intended to advance Central Innovation’s mission to become a leading provider of design and workflow solutions to the Manufacturing and AEC Sectors in Australia and New Zealand. The acquisition combines the strengths of both organisations to create a comprehensive suite of OPEN BIM solutions in Australia and New Zealand. The range of solutions includes Best of Breed software including ARCHICAD, DDS-CAD and Solibri of which Central Innovation is the exclusive distributor across Australia and New Zealand. CEO of Central Innovation, Max Piper, said, "with the joining of Central Innovation and Cadimage we can leverage the strengths of both teams to create complete solutions for customers across the AEC market in Australia and New Zealand." "Cadimage Group has over 27 years in New Zealand

NEC Corporation and Netcracker Technology today announced that they have provided a virtualized Evolved Packet Core (vEPC) solution via NEC Taiwan Ltd. to the Industrial Technology Research Institute (ITRI), a non-profit research institute working under the Ministry of Economic Affairs in Taiwan. The NEC/Netcracker vEPC solution has a proven global track record of virtualizing network functions, such as the Mobility Management Entity (MME) that accommodates LTE handset authentication and handover controls, and the Serving Gateway (S-GW)/PDN Gateway (P-GW) for audio and packet processing, and enables them to run on a general-purpose IA server. The vEPC was adopted by ITRI for an experimental network established for the Small Cell LTE Plugfest compatibility testing event. Ten Taiwanese small-cell LTE base station manufacturers participated in this event, seeking to verify functions for their base stations, enhance the competiveness of their systems and explore new business opportunities.  “We are very pleased to have recently hosted a successful

IMSI®/Design, the developer of TurboCAD, today announced its latest upgrade to DesignCAD 3D MAX. "New DesignCAD 3D MAX 2016 offers better performance and greatly improved management of blocks, images, and symbols," stated Bob Mayer, President of IMSI/Design. "Plus, the new SketchUp file import and updated AutoCAD® file filters more firmly establishes DesignCAD as a great companion design product," added Mayer. DesignCAD 3D MAX 2016 new and improved features include: New SketchUp Import -- Now users can both import and export drawings to/from the .SKP format for use with SketchUp version 3.0 to 2015. New Insert Manager -- Quickly review and manage all blocks, symbols, and image files referenced or embedded in a drawing. Get a visual list of all blocks present in a drawing and easily access and edit block information more quickly and easily than ever before. Do the same with images and symbols. New Custom Properties -- Add custom properties to drawings and to drawing

FARO® today announced its financial results for the second quarter and six months ended June 30, 2016. Six months ended June 30, 2016 Sales were $154.3 million for the six months ended June 30, 2016, up 0.4% compared with $153.7 million for the six months ended June 27, 2015.  Excluding the negative impact of foreign exchange rates on sales of $0.9 million, sales for the first six months of 2016 would have increased approximately 1% compared with the same prior year period.  Our year-to-date 2016 sales increase is mostly related to year-over-year growth in service revenue and metrology product sales offset partly by lower 3D documentation sales.  New order bookings for the six months ended June 30, 2016 were $155.1 million, up 1.4% compared with $152.9 million for the six months ended June 27, 2015. Gross margin was 56.1%, up 1.4 percentage points compared with 54.7% in the prior year period mostly due to higher average selling prices and favorable sales mix. Operating income was $8.8 million, up 21.3% compared

ANSYS, Inc. today announced growth in both revenue and diluted earnings per share for the second quarter of 2016.  In constant currency, the Company reported both GAAP and non-GAAP revenue growth of 4%, with GAAP and non-GAAP earnings per share growth of 15% and 9%, respectively.  Recurring revenue, which is comprised of lease license and annual maintenance revenue, totaled 74% of revenue for the second quarter.  “Q2 was a very solid quarter for ANSYS on many fronts, including revenues in the upper half of our guidance range, and earnings above the high end of our range, even in light of the ongoing evolution to time-based licenses, cloud and enterprise agreements.  We are encouraged by the continued progress that we are making in our sales growth initiatives across our major markets, as demonstrated by the improved performance in our business in Germany and Asia-Pacific, as well as ongoing improvements in our channel partner performance. 

ANSYS, Inc. announced today that representatives will be presenting at the Pacific Crest’s 18th Annual Global Technology Leadership Forum on August 8, 2016, and at Citi’s 2016 Global Technology Conference on September 7, 2016. Sin Min Yap, vice president, corporate strategic initiatives, ANSYS, Inc., and Annette Arribas, senior director, global investor relations, ANSYS, Inc. will present at a fireside chat at the Pacific Crest’s 18th Annual Global Technology Leadership Forum on August 8, 2016 at 9:00 a.m. MT. Jim Cashman, president and chief executive officer, ANSYS, Inc., will present and answer questions at Citi’s 2016 Global Technology Conference in New York City on September 7, 2016 at 10:15 am ET. To view the original press release, please click here. Search for ANSYS on CIMdata.com

C3D Labs, a subsidiary of ASCON Group, is pleased to announce that Nanosoft has licensed its C3D components for the nanoCAD Plus platform. As one of the leading Russian CAD software developers, Nanosoft will use the C3D Modeler, C3D Solver, and C3D Converter components from C3D Labs in its nanoCAD Plus line of CAD software.  The decision to use the C3D modeling kernel was made after C3D Labs developed a module that integrates its kernel with the Teigha® DWG/DXF/DGN platform from the Open Design Alliance. This eliminated any remaining constraints towards the development of C3D-based CAD systems that support *.dwg and *.dgn files directly. “It took us a while to arrive at signing the C3D license agreement, but now with C3D integrated into the Teigha libraries, we can minimize the cost of developing our products with this kernel,” said Dmitry Popov, product launch director at Nanosoft. “During the time that we tested the

Stratasys Ltd. announced financial results for the second quarter of 2016. Q2-2016 Financial Results Summary: Revenue for the second quarter of 2016 was $172.1 million. GAAP gross margins were 46.2% for the second quarter, compared to 45.5% for the same period last year. Non-GAAP gross margins were 55.9% for the second quarter, compared to 54.7% for the same period last year. GAAP operating loss for the second quarter was $17.1 million, compared to a loss of $33.5 million for the same period last year. Non-GAAP operating income for the second quarter was $10.2 million, compared to $3.7 million for the same period last year. GAAP net loss for the second quarter was $18.5 million, or ($0.36) per diluted share, compared to a loss of $22.9 million, or ($0.55) per diluted share, for the same period last year. Non-GAAP net income for the second quarter was $6.2 million, or $0.12 per diluted share, compared to non-GAAP net income of $8 million, or $0.15 per diluted share, reported for the same period last year. The

Telit, a global enabler of the Internet of Things (IoT), today announced its multi-faceted collaboration with Tech Mahindra on developing complete solutions for the Internet of Things (IoT). The relationship is centered on combining and integrating Telit’s leading portfolio of IoT products and services with Tech Mahindra’s unmatched system integration expertise and strengths in developing end-to-end enterprise solutions. Both companies are also jointly pursuing new business opportunities across many markets and industries, such as IoT horizontal and Industrial IoT around the world. Additionally, Telit has reached an agreement to outsource related engineering development and testing activities to Tech Mahindra. As a fast-growing number of companies is exploring how the IoT can help them improve operational efficiencies and drive new business models, many - especially large multinational enterprises – remain intimidated by having to put all the pieces together by themselves. Telit and Tech Mahindra are jointly addressing these concerns by offering clients

Newcastle-based company NBS has been chosen as the UK’s first Solution Associate of US firm Autodesk. NBS provides the construction industry with content relating to Business Information Modelling (BIM) and knowledge management. The North East firm says that the collaboration is a significant achievement as it seeks to expand its workforce in the near future with more plans for international growth in the offing. It has been reported that the new partnership will simplify decision making for engineers, surveyors and architects by giving them access to content throughout the full project workflow, allowing collaboration throughout the different disciplines which will save money and time. Chief Executive at NBS, Richard Waterhouse, commented: “I am really excited about becoming the UK’s first Solution Associate of Autodesk. “This collaboration will provide a step change in the delivery of integrated solutions to provide huge efficiency gains for designers, manufacturers, contractors and building owners/operators.” Meanwhile,