Jan 28, 2021 | Hot Topics
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...
Dec 21, 2020 | Hot Topics
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...
Dec 14, 2020 | Hot Topics
Super quick: PTC to acquire Arena for SaaS PLM Continuing that momentum into all things cloud and SaaS, PTC says it’s signed a definitive agreement to acquire Arena Solutions for $715 million in cash, “enabling the company to deliver a complete CAD + PLM...
Sep 23, 2020 | Hot Topics
PTC acquires ioxt for cognitive AR I saw this on Ralf Steck’s blog just now and verified it on PTC Germany’s website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German...
Oct 23, 2019 | Hot Topics
Day: October 23, 2019 PTC and Onshape just announced that they’re teaming up to, as Onshape founder Jon Hirschtick puts it “broaden the scope of what we deliver to [customers[, and broaden our reach in the market to bring Onshape to more users even...
Aug 15, 2019 | Hot Topics
One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS’ Q2 is this: being a one-stop shop matters. Having the ability to...
Jun 12, 2019 | Hot Topics
When so many conferences happen at the same time, news blizzards also happen. PTC announced today that it has acquired PTC TWNKLS, a European company that creates tailor-made augmented reality (AR) applications and offers related services. PTC says the acquisition...