Announced
Completed
Financials
Tags
Acquisition
United States
Software
software development
Friendly
Private
Single Bidder
Domestic
Majority
Completed
Synopsis
PTC, an American computer software and services company, completed the acquisition of Intland Software, a software development firm, for $280m. "We are pleased to complete the acquisition of Intland. Codebeamer is fast becoming the new standard in safety-critical and regulated industries as products are increasingly differentiated by software. The addition of Codebeamer to our ALM suite will bolster both ALM and PLM growth potential by significantly increasing our product strength and market momentum," Jim Heppelmann, PTC President and CEO.
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