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.

2014
ThingWorx
ThingWorx provides the first platform designed to efficiently build and run the applications of today’s connected world.
2013
Enigma
Enigma software helps organizations aggregate and deliver information related to products, parts and service in context as an integrated digital library to service engineers and technicians who work at customer sites, in maintenance depots or in dealer environments; which may include the owner / operator as well.
NetIDEAS
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
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.
2011
4CS
4CS Service Suite improves service revenue and profitability by integrating warranty, service, support and service parts processes for durable goods manufacturers, distributors, supplier and service providers.
MKS
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, providing complete visibility into product development.
2010
Planet Metrics
Pioneering environmental impact software to help companies effectively improve environmental performance, reduce costs, and mitigate risk
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.
2008
Synapsis Technology Acquired
Best-of-breed solution for tracking and improving the environmental performance of your products, parts, materials, and suppliers
2007
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
2006
ITEDO Acquired
Leading 2D and 3D Technical Illustration and Animation solution
Mathsoft Acquired
Industry standard solution for Engineering Calculations
2005
Aptavis Technology Corp. Acquired
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
2004
Ohio Design Automation Acquired
Leading ECAD collaboration solution
2003
IndustryWeek names Pro/ENGINEER "Technology of the Year" for the second time
2002
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
2001
Windchill ProjectLink launched - pure Internet architecture solution for project collaboration
2000
Nitidus acquired
1999
PTC surpasses 25,000 customers
DIVISION Group and Auxilium, Inc. acquired
1998
Windchill launched - first to market with Internet-Based solutions for PLM)
Computervision acquired
InPart acquired
1997
PTC added to S&P 500
1996
Daratech names PTC World's #1 Supplier of CAD/CAM/CAE software after only 8 years in the market
1995
PTC cracks Fortune 500
CDRS (surfacing product) acquired from Evans and Sutherland
1992
IndustryWeek names Pro/ENGINEER "Technology of the Year"
Caterpillar becomes our largest customer
1989
Initial Public Offering (PMTC)
1988
Pro/ENGINEER launched - first to market with parametric, associative feature-based, solid modeling software
John Deere becomes PTC's first customer
1985
Company founded
PTC Community
Manufacturing Transformation global research study