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.

Vuforia Acquired

The acquisition of the Vuforia™ augmented reality (AR) technology platform accelerates PTC’s strategy as a leading provider of technologies and solutions that blend the digital and physical worlds.


ColdLight Acquired

The acquisition of ColdLight’s Neuron automated predictive analytics platform will enrich PTC’s technology portfolio and extend PTC’s position as a leader in the Internet of Things (IoT) market.

ThingWorx Acquired

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

Axeda Acquired

The acquisition of Axeda allows PTC to leverage their core IoT technology to enable companies to establish secure connectivity and remotely monitor and manage a wide range of machines, sensors, and devices.


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.


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.


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.


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.



Formerly Relex Software Corporation 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.


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


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


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


Polyplan Technologies Acquired

Leading technology and expertise in manufacturing process management

PLM on Demand Launched

Strategic partnership with IBM acquired


IndustryWeek names Pro/ENGINEER "Technology of the Year"

For the second time

PTC Windchill PDMLink launched

Pure Internet architecture solution for product data management


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



Nitidus Acquired

PTC surpasses 25,000 customers


DIVISION Group and Auxilium, Inc. acquired

PTC Windchill launched

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


Computervision acquired

InPart acquired

PTC added to S&P 500



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

After only 8 years in the market

PTC cracks Fortune 500


CDRS (surfacing product) acquired from Evans and Sutherland

IndustryWeek names Pro/ENGINEER "Technology of the Year"


Caterpillar becomes our largest customer

Initial Public Offering (PMTC)


Pro/ENGINEER launched

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


John Deere becomes PTC's first customer


Company founded