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EOS, a global technology and quality leader for high end Additive Manufacturing (AM) solutions, has joined the Siemens PLM Software Partner Program to collaborate on extending Siemens' recently announced end-to-end additive manufacturing solution. EOS plans to deliver a seamless integration of the EOS AM software EOSPRINT into Siemens' NX™ software for the manufacturing industry. This solution will be an important part of the Siemens overall additive manufacturing solution offering helping to deliver an integrated and associatively linked additive manufacturing process from design to advanced 3D printing with EOS printing machines. The integration of the EOSPRINT software into NX, Siemens' flagship solution for integrated computer-aided design, manufacturing and engineering simulation (CAD/CAM/CAE), targets companies wanting to take full advantage of additive manufacturing for parts engineered for performance and 3D printed with repeatable quality.  Based on this integration, users work in one single software system. As a result, process steps from digital part

Computer Aided Technology (CATI) and MCAD Technologies (MCAD) are helping veterans return to the civilian workforce and advance their careers by offering free SOLIDWORKS CAD Software Training Classes. “We want to do our small part to help those who have given so much for all of us. Our veterans return home from service with valuable skills that employers are looking for – skills like leadership, dependability, integrity, and teamwork. Even with these skills, some of them struggle to re-enter the civilian workforce. We want to help our veterans expand on those skills and ease the transition back into the workforce,” said Rich Werneth, President, Computer Aided Technology (CATI). CATI and MCAD are inviting U.S. military service Veterans to take the SOLIDWORKS Essentials Training Class at no cost. The SOLIDWORKS Essentials class provides the foundation for building SOLIDWORKS skills. After completing this class, students are ready to make parts, assemblies and drawings, and will be on

Siemens to acquire design automation and industrial software provider Mentor Graphics for $37.25 per share Mentor Graphics is a pioneer and leader in design automation software ranging from Integrated Circuit (IC) and System-on-Chip (SoC) design to automotive electronics solutions Siemens becomes unique digital industrial player to offer mechanical, thermal, electrical, electronic and embedded software design capabilities on a single integrated platform Siemens is further building its Vision 2020 to shape Digital Industrial Enterprise by expanding its unique portfolio for industrial software. Siemens and Mentor Graphics today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion. The offer price represents a 21% premium to Mentor’s closing price on November 11, 2016, the last trading day prior to the announcement. Mentor’s Board of Directors approved and declared advisable the merger agreement, and Mentor’s Board of

Siemens to acquire design automation and industrial software provider Mentor Graphics for $37.25 per share Mentor Graphics is a pioneer and leader in design automation software ranging from Integrated Circuit (IC) and System-on-Chip (SoC) design to automotive electronics solutions Siemens becomes unique digital industrial player to offer mechanical, thermal, electrical, electronic and embedded software design capabilities on a single integrated platform Siemens is further building its Vision 2020 to shape Digital Industrial Enterprise by expanding its unique portfolio for industrial software. Siemens and Mentor Graphics today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion. The offer price represents a 21% premium to Mentor’s closing price on November 11, 2016, the last trading day prior to the announcement. Mentor’s Board of Directors approved and declared advisable the merger agreement, and Mentor’s Board of

 PDFKey takeaways: Key takeaways: Smart, connected products have become the norm in a wide range of industries, requiring product companies to evolve their product development strategies and tools to respond Leading product lifecycle management (PLM) software and services providers have been evolving their offerings to respond, often through acquisitions Siemens AG continued this trend by announcing their intent to acquire Mentor Graphics, a leading provider of electronic design automation (EDA) solutions, which will further bolster the PLM offerings of Siemens PLM Software Music players, smart phones, autonomous vehicles, and all manner of smart, connected products are driving changes in product development processes and tools in a wide range of industries. Increasingly, the value consumers derive from the products they buy is coming from the software content in those products. Product companies must respond and are adopting PLM enabling solutions as part of that response. Just a few years ago, the focus was on mechatronics, a

Materialise NV today announced its financial results for the third quarter ended September 30, 2016. Highlights – Third Quarter 2016 Total revenue increased 11.0% from the third quarter of 2015 to 28,736 kEUR, with increases in all three business segments. Materialise Software revenue up 21.1% from the third quarter of 2015. Adjusted EBITDA was 2,833 kEUR compared to 1,175 kEUR for the third quarter of 2015 Total deferred revenue from annual software sales and maintenance contracts increased 2,347 kEUR from 11,816 kEUR for the third quarter of 2015 to 14,163 kEUR for the third quarter of 2016. Executive Chairman Peter Leys commented, “Despite continued soft market conditions, Materialise again delivered double-digit revenue growth and an increase in Adjusted EBITDA. Led by gains in our Materialise Software segment, where we realized strong gains in new licenses and recurring license revenue, total revenue rose 11.0% from the third quarter of 2015. Adjusted EBITDA increased from 1,175 kEUR to 2,833 kEUR. While

Materialise NV today announced its financial results for the third quarter ended September 30, 2016. Highlights – Third Quarter 2016 Total revenue increased 11.0% from the third quarter of 2015 to 28,736 kEUR, with increases in all three business segments. Materialise Software revenue up 21.1% from the third quarter of 2015. Adjusted EBITDA was 2,833 kEUR compared to 1,175 kEUR for the third quarter of 2015 Total deferred revenue from annual software sales and maintenance contracts increased 2,347 kEUR from 11,816 kEUR for the third quarter of 2015 to 14,163 kEUR for the third quarter of 2016. Executive Chairman Peter Leys commented, “Despite continued soft market conditions, Materialise again delivered double-digit revenue growth and an increase in Adjusted EBITDA. Led by gains in our Materialise Software segment, where we realized strong gains in new licenses and recurring license revenue, total revenue rose 11.0% from the third quarter of 2015. Adjusted EBITDA increased from 1,175 kEUR to 2,833 kEUR. While

L&T Infotech announced its Q2 FY​17 results today. In US Dollars: Re​venue at USD 239.7 million ​growth of 3.7% QoQ and 7.0% YoY Constant Currency Revenue growth of 3.6% QoQ and 7.2% YoY In Indian Rupees: Revenue at Rs 16,020 million; growth at 3.0% QoQ and 9.1% YoY Net Income at Rs 2,326 million; Net Income growth at (1.3)% QoQ and 11.3% YoY Net Income Margin at 14.3%, down 58bps QoQ and up 52bps YoY "I am happy to report a strong quarter-on-quarter growth of 3.7% in the top line. This solid performance is result of our investments in new service l​​​ines, partnerships and building a robust sales and marketing engine. We announced the acquisition of AugmentIQ in big data and analytics space last month, which positions us to enable accelerated data monetization for clients across verticals. Our client-centric approach has helped us win critical engagements in five growth areas of – Digital, Analytics, IoT, Cloud Apps

CloudCities will provide the interactive 3D conference map for Autodesk University (AU) 2016, which will be displayed on multiple large screens at the venue. The 3D map hosted on CloudCities gives an overview of the events and exhibits – both outdoors on the Las Vegas strip and indoors within the Venetian hotel. Visitors can use the multiple displays at the venue or on the website to locate classes, keynotes, and exhibitors. AU is the most prominent meetup for designers, engineers, contractors, manufacturers, and digital artists, with more than 10,000 attendees and 700 sessions. The CloudCities solutions team created the 3D map based on 2D CAD and GIS plans. The 3D data and the event information were integrated using the CloudCities platform. “The 3D conference map supports our effort to make Autodesk University 2016 more experiential and more visible,” says Teresa Anania, Director, Subscriber Success, Autodesk Inc. The natural interaction with the 3D

Visual 2000 International Inc. is pleased to announce an official partnership with Mexcostura, a Mexico-based corporation with strong roots and deep knowledge of the AFA market. The Visual 2000 suite of omni-channel software for the apparel, footwear, and fashion accessories industry is expanding quickly to new markets. To support the demand of emerging fashion capital, Visual 2000 is proud to partner with experienced and passionate professionals. The CEO of Mexcostura, Alejandro Faes Noriega, has served on the board of several trade associations, including the International Apparel Federation, National Apparel Manufacturers Association of Mexico, and CONCAMIN, Mexico's largest manufacturing association. "Mexcostura has positioned itself as a technology leader in the apparel and footwear industry in Mexico," explains Alejandro Faes. "We foresee a change in the needs of our customer base and this partnership with Visual 2000 will enable Mexican companies to enhance their processes and access critical information in real time. The Visual