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.
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.
Frustum
Acquisition in 2018
Frustum, Inc., established in 2013 and headquartered in Boulder, Colorado, specializes in design and topology optimization tools aimed at enhancing product development for designers and engineers. The company's key offerings include the Generate platform, which integrates design and topology optimization to facilitate advancements in additive manufacturing, and TrueSOLID, which supports 3D manufacturing processes. Frustum's software tools empower businesses to create, test, and refine manufactured parts and structures, thereby optimizing material layouts based on specific scenarios. This approach helps companies improve product quality while streamlining the design process by reducing the need for manual remodeling or editing. Frustum operates as a subsidiary of PTC Inc.
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.
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.
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.
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