PTC is a US-based technology company that develops, markets, and supports product lifecycle management software and related services. It provides technology platforms and enterprise applications for smart and connected products, operations, and systems, including Creo computer-aided design software, Windchill PLM, and Internet of Things and augmented reality solutions. Its offerings span multiple industries, including manufacturing, publishing, services, government, and life sciences, serving a global customer base. The company employs more than 6,000 professionals and serves over 28,000 businesses worldwide, demonstrating its scale and reach since its founding in 1985.
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.
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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