• Oct. 12, 2015, 9:29 AM
    • Enterprise software firm PTC is buying Qualcomm's (NASDAQ:QCOM) Vuforia augmented reality technology unit, and acquiring the related developer ecosystem.
    • Re/code reported in September Qualcomm is thinking of selling Vuforia, which provides developer tools and IP for creating apps supporting augmented reality (i.e. the melding of real-world and computer-generated material). Qualcomm has claimed Vuforia is supported by 175K+ developers and has been used by 20K+ apps.
    • Update: While Qualcomm didn't announce the deal price, PTC states it's paying $65M for Vuforia. The company expects the purchase to close by year's end, and doesn't expect it to impact 2016 EPS.
    | Oct. 12, 2015, 9:29 AM
  • Dec. 30, 2013, 4:51 PM
    • PTC (PTC +0.6%) acquires Internet of Things platform creator ThingWorx for $112M and a potential earn-out of $18M.
    • The acquisition is expected to add more than $10M in revenue in the coming 12 months, with $5M-$7M recognized in FY2014. FY2014 EPS guidance of $2-$2.10 is unchanged.
    • PR, conference call at 8:30am ET tomorrow
    | Dec. 30, 2013, 4:51 PM
  • Sep. 10, 2013, 9:50 AM
    • PTC (PMTC +0.7%) acquires PLM-focused hosting solutions provider NetIDEAS. PTC has partnered with NetIDEAS since 2000.
    | Sep. 10, 2013, 9:50 AM
  • Aug. 28, 2012, 11:48 AM

    Autodesk (ADSK +3.2%) has bought some of the assets of Inforbix, a developer of cloud-based product lifecycle management (PLM) software. Autodesk, which competes with PMTC and DASTY in the PLM space, plans to integrate Inforbix's technology within its cloud-based PLM360 suite, and has named Inforbix co-founder Oleg Shilovitsky its Senior Director of PLM and Data Management. Autodesk was crushed last week due to a poor FQ2 report (I, II, III).

    | Aug. 28, 2012, 11:48 AM
  • Aug. 8, 2012, 8:08 AM

    Parametric (PMTC), which provides product-design software, agrees to buy closely held Servigistics for around $220M in a deal that will strengthen Parametric's Web process management offerings. In connection with deal, Parametric ups its 2013 adjusted FY EPS forecast by 2-5 cents from $1.70-$1.80. Consensus is for $1.74. (PR)

    | Aug. 8, 2012, 8:08 AM
Company Description
PTC, Inc. develops and delivers technology solutions, comprised of software and services, which transform the way its customers create and service their products. The company solutions help its customers in discrete manufacturing organizations optimize the activities within individual business... More
Sector: Technology
Industry: Technical & System Software
Country: United States