PTC History

PTC History and Acquisitions

Since 1985, PTC has serviced top-notch customers, acquired key companies and created industry-leading products to help you achieve sustained product and service advantage. Our technology solutions transform the way you create and service your products across the entire product lifecycle — from conception and design to sourcing and service.

ThingWorx Acquired

The acquisition of ThingWorx positions PTC as a major player in the emerging Internet of Things era. 



    2014    

Atego Acquired

The acquisition of Atego enhances PTC’s portfolio of product lifecycle management (PLM) and application lifecycle management (ALM) solutions, and strengthens PTC’s commitment to supporting its customers’ systems engineering initiatives with powerful modeling capabilities.

Enigma Acquired

The acquisition enhances PTC’s existing portfolio of service lifecycle management (SLM) solutions and further distinguishes the Company’s leadership position within the SLM market.



    2013    

NetIDEAS Acquired

NetIDEAS has had years of experience in managing and deploying complex enterprise applications. Companies from various industries are able to use these applications to accelerate innovation, time‐to‐market, and revenue by collaboratively developing, managing and leveraging product‐related intellectual property throughout the enterprise.

 

    2012    

Servigistics Acquired

Servigistics enables leading discrete manufacturers across diverse industries to successfully execute a service-led growth strategy that delivers value across the service organization and the entire enterprise.

4CS Acquired

4CS Service Suite improves service revenue and profitability by integrating warranty, service, support and service parts processes for durable goods manufacturers, distributors, suppliers and service providers.


    2011    

MKS Acquired

MKS’s leading product, Integrity, is the only Software System Lifecycle Management (SSLM) solution that orchestrates all software development processes and manages all development artifacts — to provide complete visibility into product development.

Planet Metrics Acquired

Pioneering environmental impact software to help companies effectively improve environmental performance, reduce costs and mitigate risk.

    2010    

 
 

    2009    

Relex Software Acquired

Advanced reliability engineering software that provides key system performance metrics such as reliability, maintainability and prediction in a flexible and intuitive framework.

Synapsis Technology Acquired

Best-of-breed solution for tracking and improving the environmental performance of your products, parts, materials and suppliers.

    2008    

 

CoCreate Acquired

Explicit modeling tool enables PTC to offer the industry’s most comprehensive suite of modeling solutions

LBS, Ltd. Acquired

Leader in Integrated Logistics Support (ILS) solutions for A&D and civil aviation



    2007    

NC Graphics Acquired

Best-in-class CAM solutions for high-speed precision machining

NetRegulus Acquired

Leading enterprise study and quality management software for medical devices

ITEDO Acquired

Leading 2D and 3D technical illustration and animation solution

    2006    

Mathsoft Acquired

Industry-standard solution for engineering calculations

Aptavis Technology Corp. Acquired

PTC Windchill-based technology and expertise for retail, footwear and apparel

Arbortext Acquired

Leading technology and expertise in dynamic publishing



    2005    

Polyplan Technologies Acquired

Leading technology and expertise in manufacturing process management

PLM on Demand Launched

Strategic partnership with IBM acquired

 

    2003    

IndustryWeek names Pro/ENGINEER "Technology of the Year"

For the second time

PTC Windchill PDMLink launched

Pure Internet architecture solution for product data management

    2002    

PTC surpasses 35,000 customers


Pro/ENGINEER Wildfire Released

First CAD system to fully support Web services

PTC Windchill ProjectLink launched

Pure Internet architecture solution for project collaboration

   2001    

 
 

   2000    

Nitidus Acquired

PTC surpasses 25,000 customers

   1999    

DIVISION Group and Auxilium, Inc. acquired

PTC Windchill launched

First to market with Internet-based solutions for Product Lifecycle Management (PLM)

   1998    

Computervision acquired

InPart acquired

PTC added to S&P 500

   1997    

 
 

   1996    

Daratech names PTC World's #1 Supplier of CAD/CAM/CAE software

After only 8 years in the market

PTC cracks Fortune 500

   1995    

CDRS (surfacing product) acquired from Evans and Sutherland

IndustryWeek names Pro/ENGINEER "Technology of the Year"

   1992    

Caterpillar becomes our largest customer

Initial Public Offering (PMTC)

   1989    

 

Pro/ENGINEER launched

First to market with parametric, associative feature-based, solid modeling software

   1988    

John Deere becomes PTC's first customer

 

   1985    

Company founded