PTC Acquires NetIDEAS

NEEDHAM, MA - September 10, 2013 – PTC (Nasdaq: PMTC) today announced it has acquired long-time partner NetIDEAS, Inc., a leading provider of software hosting and technical consulting services, specializing in the areas of product development and product lifecycle management (PLM).

Headquartered in Marlton, New Jersey, NetIDEAS has worked with PTC for over a decade to provide secure, reliable hosting environments for companies that require turn-key PLM applications to support their complex, dynamic operations.

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