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

Robert Ranaldi

Executive Vice President

Past deals in CAD

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.

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.

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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