Announced
Completed
Synopsis
PTC, which develops and delivers technology solutions, comprised of software and services, completed its $470m acquisition of Onshape, a developer of the SaaS product development platform that unites robust computer-aided design software with powerful data management and collaboration tools. 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,” Jim Heppelmann, PTC President and CEO.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.