PTC

PTC Inc. is a US-based company founded in 1985 that specializes in developing and supporting product lifecycle management (PLM) software solutions and related services. The company provides high-end computer-assisted design software, such as Creo, and PLM software like Windchill, in addition to Internet of Things and augmented reality industrial solutions. PTC serves a diverse array of industries, including manufacturing, publishing, services, government, and life sciences. With a workforce of over 6,000 professionals, PTC caters to more than 28,000 customers globally, with a significant portion of its revenue generated from North America and Europe.

Samuel P. Geisberg

Founder

41 past transactions

IncQuery Labs cPlc.

Acquisition in 2025
A team of engineering experts with a strong research and development background who support systems engineers in several industries to create tailormade solutions. Automotive professionals, aircraft engineers, space engineers, all trust us to make their systems work exceptionally, safer, faster, and more reliable.

pure-systems

Acquisition in 2023
pure-systems GmbH is a software company based in Magdeburg, Germany, specializing in variant management engineering solutions. Founded in 2001, the company develops tools that facilitate the systematic management and reuse of software variants and product lines. Its flagship product, pure::variants, allows users to outline and manage various components, restrictions, and usage terms of software products. Additionally, pure-systems offers an integrated solution for IBM Rational DOORS, enhancing requirements management across systems. The company’s offerings extend to creating and maintaining reusable UML and SysML models compatible with prominent tools like Sparx Systems Enterprise Architect and IBM Rational Rhapsody. To further support its clients, pure-systems provides consulting and training services. The company distributes its products online and through various partners in markets including Japan, the United Kingdom, Ireland, and India, aiming to improve engineering efficiency and reduce product time to market by managing the complexities inherent in variant-rich software systems.

ServiceMax

Acquisition in 2022
ServiceMax, Inc. is a leading provider of cloud-based field service software solutions, specializing in Service Execution Management, which encompasses both Field Service Management and Asset Service Management. Founded in 1999 and headquartered in Pleasanton, California, with additional offices across the globe, ServiceMax offers a comprehensive platform designed to enhance the productivity of equipment-centric service operations for various sectors, including life sciences, industrial manufacturing, oil and gas, telecommunications, and more. The company's offerings include advanced features such as work order management, scheduling and dispatch, inventory and contract management, and analytics, all aimed at improving efficiency and customer service. ServiceMax also provides tailored solutions like ServiceMax Linx for automated scheduling and workforce optimization, as well as ServicePulse for enhanced collaboration. By leveraging its cloud-based technology, ServiceMax enables enterprises to optimize their service processes, increase revenue, and ensure compliance while delivering superior customer experiences.

Intland Software

Acquisition in 2022
Intland Software is a global provider of Application Lifecycle Management (ALM) solutions, serving over 500,000 users worldwide. The company offers two primary products: codeBeamer ALM and Intland Retina. codeBeamer ALM is an integrated platform supporting various aspects of software development, including requirements management, software development, quality assurance, risk management, and product variants management. It ensures traceability through a single central repository and is adaptable to different industries, particularly those with safety-critical compliance needs such as automotive, defense, aviation, pharmaceuticals, and medical devices. Intland Retina focuses on requirements and testing within a single application for quality-driven product design. Both products are designed to comply with international regulations like ISO/SPICE/CMMI, EU MDR, and US FDA standards. They support Agile & DevOps methodologies and cater to both large enterprises and small-to-medium businesses.

RE'FLEKT

Acquisition in 2022
RE'FLEKT GMBH is a technology company based in Munich, Germany, specializing in augmented and mixed reality applications for various sectors, including automotive, industrial, distribution, and real estate. Founded in 2012, the company provides a comprehensive range of services such as consulting, programming, design, maintenance, training, and technical documentation. RE'FLEKT enables businesses to develop in-house augmented and mixed reality solutions that are both affordable and scalable, facilitating the infusion of industry expertise into customized applications. The company has an international presence with offices in Munich, Düsseldorf, and San Francisco, and serves notable clients like Audi, BASF, BMW, and Bosch. With a team of over 60 employees, RE'FLEKT is recognized for its innovative technology and has garnered accolades from analysts in the field.

Mojo Vision

Series B in 2022
Mojo Vision Inc. is a technology company based in Saratoga, California, founded in 2015. The company specializes in the development of augmented reality solutions, focusing on high-performance micro-LED display technology. Mojo Vision has created the world's smallest and densest dynamic display for smart contact lenses, which are designed to provide users with timely information seamlessly and hands-free, without the distractions associated with traditional mobile devices. The company is also engaged in a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products, further enhancing its innovative offerings. By combining advanced display and semiconductor expertise with proprietary quantum-dot technology, Mojo Vision aims to revolutionize the display industry, addressing diverse applications across consumer, enterprise, and government sectors.

Arena Solutions

Acquisition in 2020
Arena Solutions is a developer of cloud-based product lifecycle management (PLM) and quality management systems (QMS) software, designed to streamline product development and commercialization for modern manufacturing companies, particularly in the electronic high-tech and medical device sectors. The company specializes in facilitating collaboration across product life and application life cycles, as well as supply chain management, training, and analytics. By unifying these processes, Arena Solutions enables teams to accelerate product development and delivery, ultimately enhancing profitability while ensuring the lowest total cost of ownership for its clients.

Onshape

Acquisition in 2019
Onshape Inc. is a cloud-based 3D design and product development platform headquartered in Cambridge, Massachusetts. Founded in 2012 by the creators of SOLIDWORKS, the company specializes in providing a comprehensive suite of tools that integrates computer-aided design (CAD), data management, collaboration, and real-time analytics. Its platform enables professional engineers to streamline their design processes, eliminating bottlenecks and enhancing productivity. Onshape allows users to access a secure, unified version of their design data from any device, ensuring that no data is lost and facilitating simultaneous collaboration among team members. The platform has been adopted by thousands of companies across various industries, including robotics, biomedical devices, and industrial machinery, and has logged over 3 million hours of modeling activity. In 2019, Onshape was acquired by PTC Inc.

Matterport

Corporate Round in 2019
Matterport is a spatial data company specializing in the digitization and indexing of the built environment. Its comprehensive 3D data platform enables users to create accurate and immersive digital twins of physical spaces. These digital representations can be utilized for various purposes, including design, development, operation, promotion, and analysis of environments. The company generates revenue primarily through subscription fees from customers who access its platform, along with income from licenses, services, and product sales. Matterport's innovative approach facilitates a deeper understanding of spaces, making it a valuable tool for industries such as real estate, architecture, and construction.

TWNKLS

Acquisition in 2019
TWNKLS is an augmented reality agency that combines developing its own tracking and recognition technology with developing mobile solutions. It specializes in augmented reality productions, real time 3D, and online projects. The company creates, develops, produces, and implements augmented reality applications. Their clients are from the sectors of edutainment, marketing, branding, and construction industry. TWNKLS was founded by Gerben Harmsen in 2011 and is headquartered in Netherlands.

Frustum

Acquisition in 2018
Frustum, Inc. is a software company headquartered in Boulder, Colorado, specializing in design and topology optimization tools for designers and engineers. Founded in 2013, the company focuses on advancing additive manufacturing through its innovative software platform, Generate. This platform integrates design and topology optimization, enabling users to create, test, and refine manufactured parts and structures efficiently. Frustum's TrueSOLID tool further enhances 3D manufacturing capabilities by helping designers optimize material layouts based on specific scenarios. By streamlining the design process and eliminating manual editing, Frustum aims to empower businesses to deliver high-quality products that meet and exceed customer expectations. The company operates as a subsidiary of PTC Inc.

Waypoint Labs

Acquisition in 2018
Waypoint Labs, founded in 2016 and based in Boston, Massachusetts, specializes in real-time movement software that leverages augmented reality to enhance the productivity of front-line workers. The company, which originated from MIT, enables trainers to create three-dimensional instructional content that can be accessed via augmented reality headsets, such as Microsoft HoloLens. Its software facilitates the spatial mapping of assets and environments in three dimensions, allowing businesses to tag these assets with relevant information and monitor both workforce and equipment effectively. This innovative approach aims to improve workplace safety and efficiency. Waypoint Labs became a subsidiary of PTC Inc. in June 2018.

Kepware Technologies

Acquisition in 2015
Kepware Technologies, established in 1995 and headquartered in Portland, Maine, specializes in developing software solutions for the industrial automation sector. The company's primary product, KEPServerEX, facilitates communication, management, monitoring, and control of diverse automation devices and software applications. Kepware serves various industries, including manufacturing, power and utility, and oil and gas, offering both cloud and on-premises solutions. It provides training services to address specific automation challenges and distributes its products through a network of distributors, resellers, and technology partners. As of 2016, Kepware operates as a subsidiary of PTC Inc.

Mtell

Series A in 2015
Mtell, founded in 2006, specializes in software solutions that enhance the health and performance of industrial equipment through machine learning. The company focuses on developing predictive analytics tools designed to foresee equipment failures and recommend maintenance procedures, thereby minimizing risks to safety and the environment. Mtell's technology plays a pivotal role in the advancement of the Industrial Internet and is utilized across various sectors, including oil and gas, mining, pharmaceuticals, and wastewater management. In addition to its software offerings, the company provides services such as project pre-assessment and machinery installation and configuration, contributing to improved equipment performance and profitability on a global scale.

Vuforia

Acquisition in 2015
Vuforia, a PTC Technology, is the industry's most advanced and widely adopted augmented reality platform. Vuforia is used by hundreds of thousands of developers worldwide. When coupled with the ThingWorx platform, the Vuforia platform unlocks a world of possibilities for creating new ways to create, operate, and service products. Vuforia is supported by a global ecosystem of 250,000+ registered developers and has powered 25,000+ apps with more than 275 million app installs worldwide.

ServiceMax

Series F in 2015
ServiceMax, Inc. is a leading provider of cloud-based field service software solutions, specializing in Service Execution Management, which encompasses both Field Service Management and Asset Service Management. Founded in 1999 and headquartered in Pleasanton, California, with additional offices across the globe, ServiceMax offers a comprehensive platform designed to enhance the productivity of equipment-centric service operations for various sectors, including life sciences, industrial manufacturing, oil and gas, telecommunications, and more. The company's offerings include advanced features such as work order management, scheduling and dispatch, inventory and contract management, and analytics, all aimed at improving efficiency and customer service. ServiceMax also provides tailored solutions like ServiceMax Linx for automated scheduling and workforce optimization, as well as ServicePulse for enhanced collaboration. By leveraging its cloud-based technology, ServiceMax enables enterprises to optimize their service processes, increase revenue, and ensure compliance while delivering superior customer experiences.

ColdLight Solutions

Acquisition in 2015
ColdLight Solutions specializes in advanced analytics, predictive technology, and machine learning. Central to its offerings is Neuron, an automated learning engine that processes large volumes of data to identify patterns and provide mathematically validated recommendations to business teams for actionable insights. Neuron is designed to function as a software-as-a-service (SaaS) cloud solution, ensuring minimal infrastructure impact for clients. The company focuses on leveraging artificial intelligence to create predictive models seamlessly, eliminating the need for manual coding in the process.

Caugnate

Acquisition in 2015
Caugnate is a developer of augmented reality technology focused on enhancing remote collaboration for physical tasks, such as equipment maintenance and repair. By leveraging computer vision and augmented reality, the company creates innovative tools that allow collaborators to experience each other's spatial environments more directly. This capability is particularly beneficial in tasks that require a shared understanding of physical contexts, thereby improving efficiency and effectiveness in remote teamwork.

Axeda

Acquisition in 2014
Axeda Corporation specializes in providing cloud-based remote monitoring and management software and services tailored for manufacturing companies, service providers, and enterprises. The company offers two primary products: Axeda ServiceLink, an enterprise software system that facilitates remote service for product manufacturers, and Axeda On-Demand, a software-as-a-service version that allows businesses to outsource IT management for remote service implementation. Their software applications encompass diagnosis and repair, remote access, proactive problem detection, case and patch management, preventive maintenance, and usage monitoring. In addition to software solutions, Axeda also delivers consulting, implementation, customer support, education, and hosting services. The company's offerings cater to a diverse range of sectors, including homeland security, medical, life sciences, information technology, telecommunications, and industrial markets. Founded in 2000 and headquartered in Foxboro, Massachusetts, Axeda Corporation was previously a subsidiary of ITA Holdings, Inc.

Atego Group

Acquisition in 2014
Atego Group is a global software tools and professional services company specializing in the engineering of complex, mission- and safety-critical systems and software. With over 30 years of experience, Atego serves major engineering sectors, including aerospace and defense, automotive, rail, energy, utilities, automation, medical, and electronics. The company offers model-based systems and software engineering applications that facilitate the connection between engineering, architecture modeling, physical product definition, and system verification, promoting process standardization. Atego is known for its pioneering work in standards-based solutions for UML, SysML, UPDM, Ada, and Real-time Java, and it actively collaborates with global standards bodies in systems engineering and software development. Many of Atego's clients have relied on its innovative products and dedicated engineering support for decades, underscoring the company's commitment to excellence in complex system development.

ThingWorx

Acquisition in 2013
ThingWorx is a developer of a software application platform that facilitates the connection of people, systems, and devices in the modern digital landscape. The company specializes in creating and deploying secure connected applications across various environments, including cloud, intranet, and embedded platforms. By leveraging its technology, ThingWorx aims to drive significant operational innovation and enhance resource efficiency for businesses. Its solutions are designed to enable organizations to implement transformative changes that contribute to a more efficient and sustainable world.

NetIDEAS

Acquisition in 2013
NetIDEAS, Inc. is a prominent provider of software hosting and technical consulting services with a focus on product development and product lifecycle management (PLM). The company has established itself as PTC's preferred hosting solution provider, offering PTC Windchill solutions in a managed environment to clients across various industries. In an effort to enhance its offerings, NetIDEAS recently expanded its portfolio by adding PTC Windchill Quality Solutions to its range of hosted services. This expansion positions NetIDEAS as a comprehensive solutions provider in the PLM space, catering to the diverse needs of its customer base.

Enigma

Acquisition in 2013
Enigma is a developer of software for the management and maintenance of large and complex equipment often found in industrial machinery. Enigma’s software handles the maintenance of databases containing large stores of technical components including heavy industrial equipment, aircraft spare parts and components, mechanical equipment and the like. The software is designed to help manage the maintenance of a product throughout the course of its lifecycle, from the moment it comes off the assembly line all the way through to its installation. Enigma is used in companies throughout the world with client’s including Ford and FedEx to name a few.

Servigistics

Acquisition in 2012
Servigistics is a prominent provider of enterprise software solutions specializing in Service Lifecycle Management (SLM). The company focuses on helping clients optimize their service operations to generate additional revenue, enhance profitability, and foster customer loyalty. By leveraging its expertise in SLM, Servigistics aims to enable businesses to transform their service processes, ultimately achieving competitive advantages in their respective markets. The company's commitment to exceeding client expectations is central to its mission, ensuring that clients can also meet and surpass the expectations of their own customers.

4C Solutions

Acquisition in 2011
4CS provides warranty software solutions. 4CS iWarranty software helps reduce the warranty cost of the products significantly by improving the quality and reliability of the products, sharing the cost and information with suppliers and business partners along with automating the warranty management processes. The iWarranty product directly connects manufacturers, suppliers, dealers, partners and customers in a service network. It optimizes the entire warranty cycle through the integration of the following applications: Claim Submittal, Claim Processing, Claim Review & Payment, Parts Return, Supplier Warranty, Purchased Warranty, Warranty Analytics, and Warranty Center Founded in 1995 by Ashok Kartham, 4CS is built upon a foundation of four key values: Commitment, Collaboration, Creativity, and Computing Excellence. These are the values that the 4CS team internalizes to provide reliable and creative business computing solutions while building long lasting partnerships with our customers. 4CS provides integrated e-business solutions to many Global 1000 companies with a national and global presence.

MKS

Acquisition in 2011
MKS, an application lifecycle management (ALM) technology provider. MKS Integrity coordinates and manages all activities and artefacts associated with developing software intensive products, including requirements, models, code and test, ensuring comprehensive lifecycle traceability.

Planet Metrics

Acquisition in 2010
Planet Metrics is a carbon information management software company that specializes in providing solutions for corporate sustainability. The company offers Rapid Carbon Modeling (RCM) technology, enabling organizations to model, visualize, and manage their carbon reduction efforts across various operations. By integrating existing Life-cycle Assessment data, greenhouse gas inventories, and other business application data, Planet Metrics helps clients identify areas of high carbon intensity in their packaging, supply chain, transportation, logistics, and disposal processes. The company's solutions are designed to be implemented quickly, typically within 30 days, and serve a diverse range of industries including automotive, consumer packaged goods, retail, and technology. Through its innovative software, Planet Metrics aims to assist organizations in achieving sustainability goals while enhancing financial performance.

Synapsis Technology

Acquisition in 2009
Synapsis Technology is a software and consulting company specializing in environmental compliance and product lifecycle management (PLM) solutions for manufacturing firms. Founded in 1999 and headquartered in Spring House, Pennsylvania, with a software development center in Noida, India, the company focuses on enhancing the environmental performance of products and supply chains. Synapsis Technology collaborates with notable partners, including Siemens, IBM, Oracle, RosettaNet, and TetraTech / MDSMap, to deliver innovative software applications and consulting services tailored to the needs of manufacturers. As of 2008, it operates as a subsidiary of Parametric Technology Corporation.

Relex Software

Acquisition in 2009
Relex Software is a developer of advanced reliability engineering software that focuses on enhancing product safety and reliability. The company provides tools that enable designers and engineers to assess and improve key performance metrics, including reliability and maintainability. Its software is designed to be flexible and intuitive, allowing users to conduct thorough reliability analyses and make informed decisions to optimize system performance. By offering a robust framework for testing and improving product designs, Relex Software supports organizations in achieving higher standards of safety and dependability in their engineering processes.

CoCreate Software

Acquisition in 2007
CoCreate Software is an explicit modeling tool enables PTC to offer the industry’s most comprehensive suite of modeling solutions.

NetRegulus

Acquisition in 2007
NetRegulus is a global technology company based in Oak Brook, Illinois, founded in 1982. The company specializes in providing Internet of Things (IoT) and augmented reality (AR) platforms, as well as enterprise applications tailored for various industries. Its enterprise applications are designed to assist manufacturers and other businesses in managing the lifecycle of their products, encompassing creation, connectivity, operation, analysis, and servicing. Additionally, NetRegulus offers web-based enterprise regulatory management software that enables life science companies to efficiently manage clinical study and quality data, enhancing their operational effectiveness and compliance.

NC Graphics (Cambridge)

Acquisition in 2007
NC Graphics is a privately held company supplies CADCAM software for the toolmaking, moulding, and die and precision engineering industries.

ITEDO Software

Acquisition in 2006
ITEDO Software provides development and sale of technical illustration software services. It offers software products to the automotive industry, aerospace, defense and construction equipment industry.

Mathsoft Engineering & Education

Acquisition in 2006
Mathsoft Engineering & Education, Inc. specializes in developing software solutions tailored for the math, science, and engineering sectors, catering to business, academic, research, and government clients. The company emerged from the former MathSoft in 2001 when it was acquired by its division managers and has since focused on its core products. It continues to enhance and market its flagship product, Mathcad, along with the Mathcad Calculation Server, which facilitates the sharing of technical calculations in enterprise environments. Additionally, Mathsoft Engineering & Education creates custom math programs tailored to specific client needs and offers a data analysis package known as StatServer, reinforcing its commitment to providing robust solutions for complex computational challenges.

Arbortext

Acquisition in 2005
Arbortext is a company that specializes in XML-based software solutions designed for content creation, editing, and publishing across multiple channels. Founded in December 1982 and headquartered in Ann Arbor, Michigan, Arbortext offers enterprise software and authoring tools that facilitate the production of extensive information in various languages and electronic formats. The company's solutions are particularly valuable for organizations needing to manage and disseminate significant volumes of content efficiently. Arbortext has been recognized for its contributions to the field, and it operates under the ownership of Parametric Technology.

Aptavis Technologies Corp.

Acquisition in 2005
Aptavis Technologies Corp. is a Windchill-based technology and expertise for retail, footwear and apparel.

Polyplan Technologies

Acquisition in 2005
Polyplan Technologies is a privately held technology and expertise in manufacturing process management company. It provides manufacturing process planning software. Its technology enables the development of products and related manufacturing process plans.

OHIO Design Automation

Acquisition in 2004
OHIO Design Automation specializes in electronics design collaboration software, with its flagship product, InterComm, serving as a comprehensive solution for electronic design verification, visualization, and collaboration. InterComm has gained traction as an open standard in the industry, being utilized by over 400 companies across more than 20 countries. The software integrates seamlessly with leading electronic design automation (EDA) tools from major vendors such as Cadence Design Systems, Mentor Graphics, and Zuken, allowing engineers, manufacturers, and customers to access and manage complex design data efficiently. Through its innovative approach, OHIO Design Automation enhances collaboration and streamlines the electronic design process.

Auxilium

Acquisition in 1999
Auxilium is a supplier of packaged EAI software for manufacturing organizations, providing connectivity between engineering, planning, manufacturing, purchasing, suppliers and customers. auxilium's Info*Engine web-enabled application suite leverages the power and flexibility of web technology for scalable extended-enterprise solutions integrating people, information and processes for business impact.

Computervision

Acquisition in 1998
Computervision was an early pioneer in Computer Aided Design and Manufacturing computer systems until its acquisition in 1998. Computervision initially offered the CADDS-1, an automated design and drafting system targeting the printed circuit layout market. An improved version of the system is currently used in ship building. The U.S. Navy was also customer of the company and used the CADDS system for its ship designs. The company was acquired by Parametric Technology Corporation in 1998.

InPart Design

Acquisition in 1998
InPart Design, Inc. is a privately held company provides mechanical component data and CD content on the Internet.
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