PTC blew past forecasts in FQ1, raises guidance for year

PTC blew past forecasts in FQ1, raises guidance for year

PTC blew past forecasts in FQ1, raises guidance for year PTC reported results for its fiscal first quarter of 2021, ended December 31, 2020, last night — and they were pretty darned good. Before we get too excited, though, it’s important to note that...
Will PTC+Arena = SaaS dominance in PLM? Maybe

Will PTC+Arena = SaaS dominance in PLM? Maybe

Will PTC+Arena = SaaS dominance in PLM? Maybe A lot of you have been in touch to talk about PTC’s announced acquisition of Arena Solutions. Why do this deal? What’s in it for PTC, Arena, and for their customers? What happens to Arena’s PLM where it...
Quickie: Arena acquires Onmify as PLM consolidates

Quickie: Arena acquires Onmify as PLM consolidates

Arena Solutions announced via Twitter that it has acquired Omnify Software. Arena’s PLM and quality management solutions target high tech and medical device companies, offering everything from bill of material (BOM, where the company started) to collaboration...
PTC blew past forecasts in FQ1, raises guidance for year

Aras secures investment, poised for serious growth

Aras announced last week that is has secured $40 million in funding in exchange for a minority stake in the company and a board seat. Silver Lake Kraftwerk and GE Ventures partnered for the investment. Aras said it will use the funds to drive growth, expand operations...