Software weekly update: ADBE, ANSS, ADSK, MSFT, SNPS
Griffin Securities, Inc.
22 Mar 2013
Available for Immediate Download
In this issue, we comment on the highlights of a Digital Publishing Suite “webinar” hosted by Adobe Systems (ADBE, $42.18, Buy); DPS is one of Adobe’s most interesting emerging new businesses. In technical software, we review additional data available from Ansys’ (ANSS, $79.33, Neutral) 2013 analyst meeting, and note a small acquisition by Autodesk (ADSK, $41.03, Buy), which is due to unveil its “2014” product updates next week. In enterprise software, Microsoft (MSFT, $28.11, Buy) announced updates to its Dynamics product line, in addition to which its partner ATT added Lync to its communications portfolio. Lastly, Synopsys (SNPS, $34.85, Buy) announced the latest progress in its relationship with ARM. On page 5, we show our table of valuation metrics and estimates through 2014, on page 6 our calendar of events, and on pages 7-10 our compilation of issues published in 2012-2013 (#18-#58).