Tracked deals
3
3 tracked deals across 2019-2022.
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.
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
Last 3 years
Supporting Data
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.
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.
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.
Turn tracked acquisition activity into an outreach-ready buyer list.