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11 May 2006
UGS Reports First Quarter Revenue of US$273.8 Million; Performance Marks 11th Consecutive Quarter of Revenue Growth for PLM Industry Leader
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced first quarter 2006 results. Total revenue increased to US$273.8 million, an 8 percent growth over the same period a year earlier, or 13 percent growth on a constant currency basis.
Read more: http://www.ugs.com/about_us/pr...
02 May 2006
SAP and Microsoft Introduce Duet™ Software, Bringing Together the Worlds of Productivity and Enterprise Applications
Twelve months after first unveiling plans to create "Project Mendocino" -- a joint product that enables people to interact quickly and easily with SAP business processes and data through Microsoft(R) Office applications -- SAP AG and Microsoft Corp. announced that the two companies will ship the product on time in June 2006. The product is officially named Duet(TM) software for Microsoft Office and SAP. Nearly 100 joint customers and partners, including Atmel and Infosys, have been exploring the software's benefits in early release versions since late 2005. SAP and Microsoft also announced plans to enhance the capabilities of Duet this year and to release additional business scenarios in the second half of 2006.
Read more: http://www.duet.com/...
26 Apr 2006
PTC To Acquire Leading Engineering Calculation Solution Provider Mathsoft
NEEDHAM, Mass. – April 26, 2006 – PTC (Nasdaq: PMTC), the Product Development Company(TM), today announced it has signed a definitive agreement to acquire Mathsoft Engineering & Education, Inc. (Mathsoft) for $63.25 million in cash. Mathsoft is the provider of Mathcad(R), software that helps engineering organizations create, automate, document and reuse engineering calculations critical to the product development process, as well as other mathematics-driven processes. With annual revenue of approximately $20 million and over 250,000 professional users worldwide, Mathcad is the industry standard for authoring and documenting engineering calculations in industries such as discrete and process manufacturing, architecture, engineering and construction, government and education. With this acquisition, PTC will expand its computer-aided design, manufacturing and engineering (CAD/CAM/CAE) solutions with unique predictive engineering capabilities that will help customers deliver optimized products sooner, with higher quality and improved knowledge capture. The acquisition, which is subject to regulatory approval and other customary closing conditions, is expected to close in early May.
Read more: http://www.ptc.com/appserver/w...
20 Apr 2006
SAP Reports 22% Growth in Software Revenues for the 2006 First Quarter
WALLDORF - April 20, 2006 - SAP AG (NYSE: SAP) today announced its preliminary financial results for the first quarter ended March 31, 2006. Highlights of the results are as follows.
Software revenues were ˆ528 million for the first quarter of 2006 (2005: ˆ434 million), representing an increase of 22% compared to the same period in 2005. At constant currencies, software revenues increased 14%.
Total revenues for the first quarter of 2006 were ˆ2.04 billion (2005: ˆ1.73 billion), which was an increase of 18% compared to the first quarter of 2005. At constant currencies , total revenues increased 13%.
Read more: http://www.sap.com/Company/Pre...
11 Apr 2006
Delcam's 15,000th customer is Russian helicopter plant
Delcam is pleased to announce that Russia's Rostvertol company, formally the Rostov Helicopter Plant, has become the 15,000th customer for its range of CADCAM software. The sale was also significant as it was one of the largest orders won by Delcam's strong network of offices in the country and is another example of the company's growing reputation in the aerospace industry.
The Rostov Helicopter Plant was founded in 1939 and has subsequently become one of the world's leading helicopter manufacturers. For the first forty years, the company only produced military helicopters but, more recently, it has also manufactured aircraft for civilian use. A further significant change came in 1992, when the Plant was reorganised from a state enterprise into a public limited company and renamed Rostvertol. Since then, it has diversified into a variety of consumer goods including cargo trailers for cars, vans and foldable beds.
Read more: http://www.delcam.com/news/pre...
06 Apr 2006
ADEM Technologies integrates LEDAS LGS 3D component in ADEM 8.0
NOVOSIBIRSK, Russia, April 6, 2006 - The Russian integrated CAD/CAM/CAPP system ADEM 8.0 has been released by ADEM Technologies.
The basis for ADEM Assembly, the new subsystem of ADEM 8.0, is the three-dimensional geometric constraint solver LGS 3D, developed by LEDAS. It has been designed to be an effective and affordable component for assembly and 3D drawing applications to combine complete functionality, competitive performance and superior intelligence in a three-dimensional engineering domain.
Read more: http://www.ledas.com/group/pre...
05 Apr 2006
CIMdata Reports PLM Market Growth Exceeds Forecasts
ANN ARBOR, Michigan, April 6, 2006 – According to recent statistics compiled by consulting and research firm CIMdata, Inc., the worldwide Product Lifecycle Management (PLM) market experienced an excellent year in 2005 and demonstrated significant growth. CIMdata research shows that the overall PLM grew 8.7% to reach $18.1 billion in 2005.
Read more: http://www.cimdata.com/press/P...
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