Press Releases

PTC to acquire Intland Software in $280mn deal

PTC has announced a definitive agreement has been reached to acquire Intland Software for approximately $280 million (€258.26 million). (more…)

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April 22, 2022

Posted by: Shriya Raban

PTC and Volvo Group announce digital engineering collaboration

PTC and the Volvo Group announced plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC’s products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design. (more…)

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September 27, 2021

Posted by: Anasia D'mello

COVID-19 places Augmented Reality at the heart of the ‘new working normal’

COVID-19 will accelerate the business world’s move to Augmented Reality (AR) and other IoT solutions, as companies across the UK look to adapt to a ‘new working normal’. (more…)

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May 21, 2020

Posted by: Anasia D'mello

PTC launches global event series to help industrial enterprises embrace Digital Transformation

PTC announced the launch of Digital Transformation: The New Reality World Tour, a new event programme that extends the excitement of the annual PTC LiveWorx event. The new event program features the debut of the FT-PTC Future of Industrial Innovation Global Series, produced with FT Live, the global events arm of the Financial Times. (more…)

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November 26, 2019

Posted by: Anasia D'mello

PTC completes acquisition of Onshape

PTC 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. The acquisition positions PTC to capitalise on the inevitable industry transition to SaaS. (more…)

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November 4, 2019

Posted by: Anasia D'mello

PTC to acquire leading SaaS product development platform provider Onshape

PTC announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million (€423 million), net of cash acquired. (more…)

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October 25, 2019

Posted by: Anasia D'mello

PTC appoints Craig Melrose to lead new Digital Transformation solutions organisation

PTC announced that Craig Melrose has been appointed as the executive vice president of the company’s digital transformation solutions organisation. Melrose will lead this newly-formed organisation to build customer-facing solutions that incorporate PTC’s CAD, PLM, IoT, and AR technologies. (more…)

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July 17, 2019

Posted by: Anasia D'mello

PTC forms strategic alliance with Vodafone Business, enabling customers to develop new IoT and Augmented Reality applications

PTC and Vodafone Business announced from the LiveWorx digital transformation event a strategic alliance that builds on an existing three-year relationship and will enable customers across multiple industry segments to rapidly develop and deploy revenue-generating IoT and AR applications. (more…)

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June 17, 2019

Posted by: Anasia D'mello

ABI Research ranks PTC’s ThingWorx as top smart manufacturing platform

PTC announced its ThingWorx Industrial Innovation Platform was ranked as the top smart manufacturing platform in ABI Research’s “Smart Manufacturing Platform Competitive Assessment.” (more…)

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August 31, 2018

Posted by: Anasia D'mello

PTC launches cybersecurity initiative to collaborate with customers, partners and researchers

Continuing its commitment to promoting shared responsibility for safe and secure IoT deployments, PTC has unveiled a Coordinated Vulnerability Disclosure (CVD) Program. (more…)

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August 16, 2018

Posted by: Anasia D'mello