PTC has Acquired Onshape

Built from the ground up, Onshape is the industry’s first pure SaaS platform that unites robust CAD with powerful data management and collaboration tools.
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PTC has acquired Onshape, the industry's first pure SaaS product development platform. Read Press Release

From Jim Heppelmann: An Open Letter to PTC Customers and Partners

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PTC has acquired Onshape because we have a deep commitment to providing innovative technology that drives business value and enhances your competitive position.

Read what it means for you.

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Jim Heppelmann

Jim Heppelmann's Message to the Product Development Industry

In a special blog release, PTC's president and CEO Jim Heppelmann adresses what the acquisition of Onshape means for the product development industry, the future of CAD and PLM, and the disruptive power of SaaS.

Read the Blog

The acquisition of Onshape gives PTC a strategic advantage to serve the growing demand for ‘CAD in the Cloud’ and provides the company with a pure SaaS product innovation platform.

Jim Brown, President, Tech-Clarity

CAD: SaaS or On-Prem? The Choice Is Yours

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Onshape boxer engine CAD product screenshot

With the acquisition of Onshape, PTC uniquely allows you to choose the platform that's right for you—be it on-premises or SaaS. There are advantages and benefits to both.

Learn more about Onshape in the FAQ.

Read the FAQ

What was the industry’s inevitable is now its imminent transition to SaaS.

Oleg Shilovitsky, CEO, Beyond PLM & CEO, OpenBOM

Industry Reaction

Around the world, press and industry analysts voice positive reaction about the acquisition.

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IDC Link Research Report

IDC’s Jeff Hojlo reports on PTC’s acquisition of Onshape.
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Tech-Clarity’s Review of the Onshape Acquisition

Tech-Clarity’s Jim Brown discusses why the acquisition is an important industry inflection point. 
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Jon Peddie Research Analysis

Jon Peddie provides his take on PTC’s strategic investments and acquisition of Onshape.
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Engineering.com Covers the Onshape Acquisition

Engineering.com’s Verdi Ogewell covers aspects of PTC’s acquisition of Onshape.

The acquisition of Onshape infuses PTC with some vital business and technical talent around bringing product development to SaaS, including CAD disruptors Hirschtick, McEleney, and Corcoran.

Stan Przybylinski, Vice President, CIMdata, Inc.

Contact Us to Learn More

PTC Media Contact

Jack McAvoy
jmcavoy@ptc.com
(617) 771-7760

PTC Investor Contact

Tim Fox
tifox@ptc.com
(617) 515-0774