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.
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
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.
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.
"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."
CAD: SaaS or On-Prem? The Choice Is Yours
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.
"What was the industry’s inevitable is now its imminent transition to SaaS."
Industry Reaction
Around the world, press and industry analysts voice positive reaction about the acquisition.
"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."
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