Who bought PTC?
Who bought PTC?
Rockwell Automation
PTC (software company)
| Formerly | Parametric Technology Corporation |
|---|---|
| Total equity | US$885.4 million (2017) |
| Owner | Rockwell Automation (9.0%) |
| Number of employees | 6,055 (2019) |
| Website | ptc.com |
When did PTC acquire arena?
BOSTON – January 19, 2021 – PTC (NASDAQ: PTC) has completed its acquisition of Arena Solutions, the industry’s leading software as a service (SaaS) product lifecycle management (PLM) solution.
Who founded PTC?
Samuel Geisberg
Mike Payne
PTC/Founders
What companies does PTC own?
The Company’s principal products and services include thingWorx Industrial Internet of Things (IIoT) platform; Vuforia enterprise Augmented Reality (AR) platform; Onshape Software-as-a-Service (SaaS) product development platform; Creo product design software; and Windchill PLM software.
Did PTC buy Onshape?
BOSTON – November 1, 2019 – PTC (NASDAQ: PTC) today announced it has completed its acquisition of Onshape, developer of the Onshape® Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) software with powerful data management and collaboration tools.
Who acquired arena?
PTC
PTC reported Dec. 14 that it’s agreed to acquire Arena Solutions Inc. for $715 million in cash.
Where does Jon hirschtick live?
Chicago
Chicago, U.S. Jon Hirschtick is a CAD software developer, founder and former CEO of SolidWorks, a popular solid modeling 3D CAD and CAE system for Microsoft Windows, and Onshape, a cloud platform for product development that includes tools for CAD, data management, collaboration, workflow, analytics, etc.
Why did PTC buy Onshape?
PTC said acquiring Onshape “is expected to accelerate PTC’s ability to attract new customers with a SaaS-based product offering and position the company to capitalize on the inevitable industry transition to SaaS.” Cambridge, Mass.
Who bought Onshape?
In October 2019, Onshape agreed to be acquired by PTC. The acquisition closed in November 2019 for $470 million.
Did PTC acquire Arena solutions?
BOSTON – January 19, 2021 – PTC (NASDAQ: PTC) has completed its acquisition of Arena Solutions, the industry’s leading software as a service (SaaS) product lifecycle management (PLM) solution.
What is the value of PTC?
PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity.
Who is the CEO of PTC global sales?
The expanded business unit will be led by long-time PTC global sales leader Mike DiTullio, reporting directly to PTC’s CEO, Jim Heppelmann. Jamie Pappas, a 25-year PTC sales veteran, has been elevated to succeed DiTullio as head of global sales.
Why did PTC acquire Onshape?
The acquisition positions PTC to capitalize on the inevitable industry transition to SaaS. “We expect our acquisition of Onshape will enhance the momentum we’re seeing with our Creo ® and Windchill ® products,” said Jim Heppelmann, president and CEO, PTC.
