.
MergerLinks Header Logo

Announced

Completed

PTC completed the acquisition of Intland Software for $280m.

Financials

Edit Data
Transaction Value£214m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

United States

Software

software development

Friendly

Private

Single Bidder

Domestic

Majority

Completed

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US