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Fujitsu today reported a loss for the first quarter attributable to owners of the parent of 14.0 billion yen, representing an improvement of 4.8 billion yen compared to the first quarter of fiscal 2015. Consolidated revenue for the first quarter of fiscal 2016 was 986.5 billion yen, down 78.5 billion yen over the last year. Although revenue in Japan from services increased, especially in systems integration and outsourcing services, revenue from mobile phones and LSI devices declined. In addition to a decline in revenue from infrastructure services in the US and Europe, and a decline in revenue from network products in North America, results were also impacted by foreign exchange movements. Fujitsu recorded an operating loss of 11.2 billion yen, an improvement of 16.0 billion yen over the last year. Despite the impact of lower revenue from LSI devices and other areas, operating profit improved because of higher revenue from

The United States Technical Education Center (USTEC) launched its first cohort of students last week. USTEC is a non-profit organization located in the Bay Area that promotes STEM (Science, Technology, Engineering, Mathematics) literacy and careers by providing technical training and employment assistance to underserved communities and traditionally underrepresented demographics, with a special emphasis on veterans.  This program was made possible by a generous donation from the Silicon Valley product design firm, Design Visionaries and a $108 million in-kind grant from Siemens PLM Software for  NX™ software, a leading integrated solution for computer-aided design, manufacturing and engineering (CAD/CAM/CAE). By using the same technology in the classroom that is used by companies all over the world to develop a wide variety of products, USTEC students are gaining important real-world experience during their studies that will serve them well after graduation. Dora Smith, global director-Academic Partner Program Siemens PLM Software noted that “Siemens PLM Software is dedicated to helping

Magic Software Enterprises Ltd., a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that Selerant, maker of the web-based Product Lifecycle Management (PLM) tool, DevEX, and related product development software, selected Magic xpi Integration Platform as the foundation of its core integration offering.   Formula-based manufacturers, such as food and pharmaceutical manufactures, rely on Selerant’s DevEX PLM to expedite high-quality products to market in compliance with safety and regulatory standards. However, like virtually any IT system, Selerant provides its ultimate value not as an information silo, but when connected to other business applications. Magic’s code-free drag and drop methodology, robust In-Memory Data Grid architecture, and large library of pre-built adapters, along with its do-it-yourself Connector Builder, make it an ideal tool for virtually any application integration scenario. “Magic’s ease of use and variety of proven and certified adapters to leading enterprise systems, including ERP and CRM applications, enable us

PTC today announced that it has joined the 3MF Consortium at the founding membership level. 3MF Consortium is an industry association created to develop and promote a new full-fidelity file format for 3D printing. PTC’s industry-leading Creo® CAD software offers capabilities designed to streamline additive manufacturing, enabling users to remove uncertainty and rework from the process, and allowing them to go from concept to validation quickly and easily. With Design for Additive Manufacturing, PTC provides a single environment within its Creo product suite that enables users to design, optimize, prepare, and validate designs for 3D printing. “PTC is committed to bringing visibility of manufacturing capabilities to the design engineer and streamlining the overall design-to-3D print process,” said Paul Sagar, vice president, CAD product management, PTC. “This is a shared vision with the 3MF Consortium, and we look forward to collaborating with fellow industry leaders to make this a reality.” “PTC joining the 3MF Consortium is yet

The Business Advantage Group this week announced more details from its Worldwide CAD Trends 2016 Survey, specific to Concurrent Engineering. The survey results are based on responses from CAD users, Designers, Engineers, Professionals including managers and senior executives.   Chris Turner, CEO of Business Advantage Group commented, “Concurrent Engineering through CAD collaboration, defined as multiple users working on a single model in real time, continues to be an area of interest in today’s market with relatively low current usage implying plenty of opportunity for the growth that survey respondents predict.” For Concurrent Engineering the growth predicted in the 2015 report did not materialize – usage has remained flat (19%-18%) through 2015. Users continue to rate its Importance highly – it is the 6th most important CAD trend from the survey. Like PLM, Concurrent Engineering is a trailing trend - high importance coupled with relatively low usage. However, users continue to predict growth – 33% this year (from 18%

Oracle today announced that it has entered into a definitive agreement to acquire NetSuite, the very first cloud company. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion. “Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever,” said Mark Hurd, Chief Executive Officer, Oracle. “We intend to invest heavily in both products—engineering and distribution.” “We expect this acquisition to be immediately accretive to Oracle’s earnings on a non-GAAP basis in the first full fiscal year after closing,” said Safra Catz, Chief Executive Officer, Oracle. “NetSuite has been working for 18 years to develop a single system for running a business in the cloud,” said Evan Goldberg, Founder, Chief Technology Officer and Chairman, NetSuite. “This combination is a winner for NetSuite’s customers, employees and partners.” “NetSuite will benefit from Oracle’s global scale and reach to accelerate the availability of our cloud

Design Data, specializing in 3D steel detailing and Building Information Modeling (BIM) software, announced today the company has been acquired by Nemetschek Group, based in Munich, Germany. Nemetschek is a globally leading software provider for the architecture, engineering and construction (AEC) industry, with 12 brands and 2.1 million users in 142 countries. In keeping with the strategic alignment of Nemetschek Group, Design Data will continue to be led by its current management as an independent brand company in the future. “For our company, the acquisition means accelerated growth into international markets,” said Damon Scaggs, president of Design Data. “For our customers, it allows them to continue to use the leading software in the structural steel detailing industry, while now benefitting from increased integration with Nemetschek’s software solutions throughout the BIM process. SDS/2 seamlessly plugs into Nemetschek’s architectural and design offerings, while providing their customers access to Design Data’s longstanding manufacturing

Technology consulting firm, Microdesk, partnered with the Benjamin Moore Paint Company to launch a new application, The Benjamin Moore Color Suite for Revit. The application, available through Autodesk SEEK, allows designers to easily integrate color into their projects. The Benjamin Moore Color Suite for Revit helps bring designs to life with more accurate depictions of an architect's or designer's project. The tools allow them to choose paint colors, find product details, and integrate these details into their design specifications directly from the application. Other features include comprehensive filtering capabilities to allow designers to sort by variables such as environmental filters, families, color collections, and light reflectance values. "We worked closely with Benjamin Moore to ensure that this new innovative and intuitive tool helps designers using Autodesk SEEK to create models that provide a more accurate representation of the desired final product," said Steve Martin, VP of Application Development, at Microdesk. "The opportunity to partner

Computer Methods Inc. (CMiC) and PlanGrid are pleased to announce a brand new product integration, bringing together PlanGrid's user-friendly field collaboration app for construction professionals with CMiC's enterprise platform for unmatched collaboration and productivity. "Many leading construction firms choose CMiC software to power their projects," says Tracy Young, CEO of PlanGrid. "We're excited that customers will be able to synchronize key project elements, such as Issues, RFIs, and plans between CMiC's powerful project management tools and PlanGrid's user-friendly field collaboration experience." "CMiC is very excited about the opportunity to extend the power of the ERP via this partnership," said Gord Rawlins, president of CMiC. "PlanGrid is highly regarded by many of our customers, and we see this as a very strategic relationship, with unique benefits for our common customers, which should provide them with significant competitive advantages." Mutual customers can expect seamless interoperability between the two products with this integration. All key

Cadence Design Systems, Inc. today announced the availability of the new Cadence® Tensilica® Fusion G3 digital signal processor (DSP), a multi-purpose, high-performance DSP ideal for compute-intensive system-on-chip (SoC) designs. The Tensilica Fusion G3 DSP is exceptionally easy to program and ideal for use in automotive, consumer, internet-of-things (IoT) and industrial applications that combine intensive audio, imaging, communications, radar and embedded DSP computation. “As we continue to broaden our customer base, we are solving a wider range of SoC challenges. The flexibility of the new Tensilica Fusion G3 DSP is perfect for customers running a diverse set of software applications,” stated Steve Roddy, senior group director of product marketing for Tensilica in the IP Group at Cadence. “With advanced development tools including auto-vectorization and extensive library support, the Tensilica Fusion G3 DSP provides our customers with an easy development flow and higher performance out-of-the-box for their next-generation applications. Even those with extensive floating-point