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.
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, founded in 2001 and based in Magdeburg, Germany, specializes in variant management engineering software solutions. The company offers pure::variants, a tool designed to manage various components of software products, including their configurations, restrictions, and usage terms. Additionally, it provides pure::variants for IBM Rational DOORS, which facilitates systematic variant management and requirement reuse. Pure-systems also develops tools for creating and maintaining reusable UML and SysML models compatible with platforms such as Sparx Systems Enterprise Architect, IBM Rational Rhapsody, and Simulink. The company's solutions aim to enhance engineering efficiency by simplifying the management of complex features and dependencies across systems, ultimately reducing product time to market. Pure-systems distributes its products online and through partners in several countries, including Japan, the United Kingdom, Ireland, and India. Alongside its software offerings, the company provides consulting and training services to support its clients in implementing effective variant management practices.
ServiceMax
Acquisition in 2022
ServiceMax, Inc. specializes in cloud-based field service software solutions designed to enhance the management of service operations across various industries, including life sciences, industrial manufacturing, oil and gas, and telecommunications. The company's platform includes features such as work order management, scheduling, inventory management, contract management, and analytics, enabling businesses to improve efficiency and customer service. ServiceMax is recognized as a leader in Service Execution Management, a sector that encompasses both Field Service Management and Asset Service Management. The solutions provided by ServiceMax help organizations streamline their service processes, increase productivity, and enhance customer experiences. Additionally, the company offers professional services and support to ensure optimal implementation and operation of its software. Founded in 1999 and headquartered in Pleasanton, California, ServiceMax maintains a global presence with offices in several countries, including the United Kingdom, Japan, India, Singapore, Australia, and the Middle East.
RE'FLEKT
Acquisition in 2022
RE’FLEKT is a Munich based technology company that enables any business or industry to create their own in-house Augmented and Mixed Reality applications as well as providing state-of-the-art remote support with intelligent routing. By making AR and MR affordable and scalable for business, RE’FLEKT’s groundbreaking Enterprise Augmented and Mixed Reality Ecosystem empowers anyone business to simply infuse their industry knowledge into customized AR and MR solutions. With clients including Audi, BASF, BMW, Bosch, Eon, Hyperloop, Hyundai, Leybold, Seepex and Thyssen Krupp, the international team delivers technology solutions to a variety of leading global markets. Since its founding in 2012, RE’FLEKT has grown to a team of over 60 employees in Munich, Dusseldorf and San Francisco and is recommended by leading analysts including ABI Research and Gartner (Gartner Cool Vendor).
Mojo Vision
Series B in 2022
Mojo Vision Inc. is a company based in Saratoga, California, established in 2015, that specializes in augmented reality technology. The firm is focused on developing high-performance micro-LED displays for various applications, including consumer, enterprise, and government sectors. It has created the world's smallest and densest dynamic display integrated into a smart contact lens, designed to provide users with timely information without disrupting their focus. This innovative product allows for hands-free connectivity and access to relevant information, thereby minimizing reliance on traditional mobile devices. Additionally, Mojo Vision has formed a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products further, leveraging its advanced micro-LED technology and manufacturing processes to disrupt the display industry.
Arena Solutions
Acquisition in 2020
Arena Solutions provides cloud-based product lifecycle management (PLM) and quality management system (QMS) software designed to enhance product development and commercialization for modern manufacturing companies, particularly in the high-tech and medical device sectors. By unifying PLM and QMS processes, Arena Solutions facilitates collaboration among all stakeholders involved in the product realization process, from design to manufacturing. This integrated approach helps teams accelerate product development and delivery, ultimately increasing profitability while ensuring efficient supply chain collaboration and effective quality management. The company aims to empower its clients to achieve the lowest total cost of ownership through its comprehensive training and analytics offerings.
Onshape
Acquisition in 2019
Onshape is a product development platform that unites CAD, data management, collaboration tools, and real-time analytics. Its modern CAD system eliminates design gridlock so professional engineers can do their best work. Onshape unites advanced modeling tools and design data management in a secure cloud workspace that is accessible on any device and never loses data. Professional engineers at thousands of companies rely on Onshape to modernize their design process. Onshape users have logged over 3 million hours modeling advanced robotics, biomedical devices, industrial machinery, and myriad other products. Founded in 2012 by the creators of SOLIDWORKS, Onshape has raised $169 million from Andreessen Horowitz, NEA, North Bridge, and other leading investors.
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 allows users to create accurate and immersive digital twins of various locations. These digital representations can be utilized for a wide range of purposes, including design, development, operation, and promotion of spaces. Matterport generates revenue primarily through subscription fees, as customers pay for access to its platform. Additional revenue streams include licensing, services, and the sale of products.
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 is an innovative software company that is entirely focused on developing the latest design and topology optimization tools for designers through the Generate software platform.
Waypoint Labs
Acquisition in 2018
Waypoint Labs, founded in 2016 and based in Boston, Massachusetts, specializes in developing real-time movement software that utilizes augmented reality to enhance the efficiency of front-line workers. The company enables trainers to create three-dimensional instructions accessible through AR headsets, such as the Microsoft HoloLens, facilitating improved knowledge capture and distribution on the job. Waypoint Labs focuses on helping businesses spatially map their assets and environments in 3D, tagging them with relevant information to monitor and track both assets and workforce. This innovative approach aims to foster safer and more productive workplaces. Waypoint Labs became a subsidiary of PTC Inc. in June 2018, shortly after its inception at MIT in November 2017.
Kepware Technologies
Acquisition in 2015
Kepware Technologies is a leading provider of communication software for automation, specializing in connectivity solutions for a wide range of automation devices and applications. Founded in 1995 and based in Portland, Maine, the company develops communication drivers for automation controllers, I/O devices, and embedded systems, as well as offering OPC interoperability solutions. Kepware supports over 140 communication protocols, facilitating machine-to-machine (M2M) and machine-to-enterprise (M2E) communications across various operating systems, including Microsoft Windows Desktop and Windows Server. With a strong commitment to customer satisfaction and strategic partnerships with other automation suppliers, Kepware has established itself as a prominent player in the industry, achieving annual shipments exceeding 100,000 units.
Mtell
Series A in 2015
Founded in 2006, Mtell provides software solutions for managing the health of industrial equipment with machine learning. Making machines smart, Mtell plays an important role in developing the Industrial Internet. In addition to reducing risk to people safety, and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, pharmaceutical, and wastewater industries. For more information, visit us online at http://www.mtell.com.
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. specializes in cloud-based field service software solutions designed to enhance the management of service operations across various industries, including life sciences, industrial manufacturing, oil and gas, and telecommunications. The company's platform includes features such as work order management, scheduling, inventory management, contract management, and analytics, enabling businesses to improve efficiency and customer service. ServiceMax is recognized as a leader in Service Execution Management, a sector that encompasses both Field Service Management and Asset Service Management. The solutions provided by ServiceMax help organizations streamline their service processes, increase productivity, and enhance customer experiences. Additionally, the company offers professional services and support to ensure optimal implementation and operation of its software. Founded in 1999 and headquartered in Pleasanton, California, ServiceMax maintains a global presence with offices in several countries, including the United Kingdom, Japan, India, Singapore, Australia, and the Middle East.
ColdLight Solutions
Acquisition in 2015
ColdLight Solutions specializes in advanced analytics, predictive technology, and machine learning. The company is known for its innovative platform, Neuron, which serves as an automated learning engine capable of analyzing vast amounts of data to identify patterns and generate mathematically validated recommendations. This technology enables businesses to make informed decisions based on insights derived from their data. Neuron is designed to be deployed as a Software-as-a-Service (SaaS) cloud solution, allowing customers to leverage its capabilities without significant infrastructure investment. Through its focus on big data and predictive analytics, ColdLight Solutions empowers organizations to harness the potential of their data efficiently and effectively.
Caugnate
Acquisition in 2015
Caugnate specializes in developing augmented reality technology aimed at enhancing remote collaboration, particularly for tasks that require physical interaction, such as equipment maintenance and repair. By utilizing computer vision and augmented reality, the company creates innovative tools that allow users to experience each other's spatial environments more directly. This approach provides a significant advantage in collaborative efforts, facilitating more effective problem-solving and communication in scenarios involving physical objects and spaces.
Axeda
Acquisition in 2014
Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets. The company was founded in 2000 and is headquartered in Foxboro, Massachusetts. Axeda Corporation is a former subsidiary of ITA Holdings, Inc.
Atego Group
Acquisition in 2014
Atego is a global software tools and professional services company focused on helping organizations engineer complex, mission- and safety-critical systems and software. Atego has more than 30 years experience in delivering solutions for the world’s largest engineering companies developing complex systems and software for Real-time, Embedded and Mission/Safety Critical applications. These companies are involved in; aerospace & defense, automotive & rail, energy & utilities as well as automation, medical and the electronics industries. Atego pioneered the creation and delivery of standard’s based solutions for UML, SysML, UPDM, Ada, Real-time Java and is actively involved with global standards bodies for systems engineering and software development. Many of our current customers have been using our products and services for decades and continue to rely on Atego’s superior engineering talent and support team dedication.
NetIDEAS
Acquisition in 2013
NetIDEAS, Inc., a leading provider of software hosting and technical consulting services specializing in the areas of product development and product lifecycle management (PLM). NetIDEAS has served as PTC’s preferred hosting solution provider, offering PTC Windchill® solutions in a hosted environment to customers across a wide range of industries. In June, NetIDEAS added PTC Windchill Quality Solutions to its portfolio of PTC hosted solutions.
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 the world's leading enterprise software solution provider for Service Lifecycle Management (SLM). As the recognized leader in SLM, Servigistics’ main goal is to help their clients transform their service business operations to achieve new sources of revenue, profits, competitive differentiation and customer loyalty. At Servigistics, their mission is to consistently deliver beyond their client expectations so they can consistently deliver beyond their customer expectations.
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 tools for corporate sustainability strategists and product innovation teams. The company focuses on assisting organizations in achieving their sustainability goals while enhancing financial performance. Planet Metrics offers Rapid Carbon Modeling (RCM) technology, which enables companies to model, visualize, and manage their carbon reduction efforts across various operations. Their solutions facilitate the identification of carbon intensity hotspots in areas such as packaging, supply chain, transportation, logistics, and disposal. By integrating existing Lifecycle Assessment data and greenhouse gas inventories, Planet Metrics streamlines the process of carbon management. Typically, their solutions can be deployed within 30 days, making it easier for businesses in industries like automotive, consumer packaged goods, retail, and technology to implement effective sustainability strategies.
Synapsis Technology
Acquisition in 2009
Synapsis Technology is a software and consulting company based in Spring House, Pennsylvania, with a software development center in Noida, India. Founded in 1999, the company specializes in environmental compliance and product lifecycle management (PLM) solutions for manufacturing companies. Its offerings include software applications and consulting services designed to enhance the environmental performance of products and supply chains. Synapsis Technology has established strategic partnerships with several prominent firms, including Siemens Product Lifecycle Management Software, IBM, and Oracle, to strengthen its service capabilities. In 2008, the company became a subsidiary of Parametric Technology Corporation, further expanding its reach within the industry.
Relex Software
Acquisition in 2009
Relex Software specializes in the development of reliability analysis software tools designed to enhance product safety and reliability. Its advanced platform provides engineers and designers with essential metrics related to system performance, including reliability and maintainability. By offering a flexible and intuitive framework, Relex Software enables users to effectively test and improve the reliability of their products, ultimately supporting better engineering outcomes.
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 that provides its users with IoT and AR platforms and enterprise applications. Its enterprise applications serve manufacturers and other businesses that create, connect, operate, analyze, and service products. NetRegulus was founded in 1982 and is based in Oak Brook, Illinois.
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 and Education, Inc., the company that sells these products was one division of the former MathSoft. In 2001, MathSoft sold its Engineering & Education Products Division to the division managers as a privately held company. One of the former MathSoft divisions, FreeScholarships.com, was shut down, and MathSoft renamed itself Insightful. Insightful develops custom math programs for businesses and also sells a data analysis package called StatServer. Mathsoft Engineering & Education continued to develop and sell the its flagship Mathcad product as well as the Mathcad Calculation Server, an enterprise server for sharing technical calculations.
Arbortext
Acquisition in 2005
Arbortext offers a XML-based software solution that enables its users to create, edit, and publish contents on multichannel platforms. Arbortext is acquired by Parametric Technology. Arbortext was founded in December 1982 and is based in Ann Arbor, Michigan.
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 primary product being InterComm. This software provides electronic design verification, visualization, and collaboration capabilities, making it a widely adopted tool in the industry. InterComm is used by over 400 companies across more than 20 countries and has emerged as an open standard for electronic design collaboration. It facilitates access to complex design data generated by various electronic design automation (EDA) tools from leading vendors such as Cadence Design Systems, Mentor Graphics, and Zuken. By enhancing collaboration among engineers, manufacturers, and customers, OHIO Design Automation plays a crucial role in streamlining 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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