Public Company Software

PTC

Boston, Massachusetts, United States

PTC (NASDAQ: PTC) provides industrial software for product lifecycle management (PLM), CAD, industrial IoT and augmented reality, helping manufacturers improve differentiation, operational excellence, and workforce productivity.

Focus Areas
Product Lifecycle Management (PLM), CAD (Computer-Aided Design), Industrial IoT
Website
www.ptc.com/en

Tracked deals

3

3 tracked deals across 2019-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

PTC Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for PTC. 1 2019 1 2020 1 2022

Supporting Data

Recent Transactions

  • Buyer
    PTC
    Target
    ServiceMax
    Seller
    An entity majority owned by Silver Lake, Silver Lake
    Industry
    Cloud & SaaS
    Type
    Buyout

    PTC announced a definitive agreement to acquire ServiceMax, a cloud-native SaaS field service management provider, for approximately $1.46 billion in cash from an entity majority owned by Silver Lake. The acquisition is intended to extend PTC’s closed-loop PLM and digital thread capabilities into downstream enterprise asset management and field service management, and is expected to be accretive to PTC’s SaaS ARR and cash flow.

  • Buyer
    PTC
    Target
    Arena Solutions, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    PTC (NASDAQ: PTC) has signed a definitive agreement to acquire Arena Solutions, a SaaS product lifecycle management (PLM) platform provider, for $715 million in cash. The acquisition expands PTC’s SaaS product development portfolio—combining Arena’s PLM and quality management capabilities with PTC’s CAD and PLM offerings—to deliver a complete CAD + PLM SaaS solution and accelerate PTC’s leadership in industrial SaaS.

  • November 1, 2019
    Buyer
    PTC
    Target
    Onshape
    Industry
    Cloud & SaaS
    Type
    Buyout

    PTC completed the acquisition of Onshape, a cloud-native CAD and product development SaaS platform, to accelerate PTC's transition to a SaaS delivery model and expand its cloud CAD capabilities. Onshape will operate as a SaaS business unit within PTC with Jon Hirschtick reporting to PTC's CEO.

Related Acquisition Pages

Selling a company? Get in front of buyers like PTC

Turn tracked acquisition activity into an outreach-ready buyer list.