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PTC Inc. (PTC)

  • Dec. 30, 2013, 4:51 PM
  • Sep. 10, 2013, 9:50 AM
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  • 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).
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  • 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)
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Company Description
PTC Inc develops software solutions and delivers related services that help companies design products, manage product information and improve their product development and services processes.