PTC History and Acquisitions

Since 1985, PTC has serviced top-notch customers, acquired key companies, and created industry-leading products to help you achieve sustained product and service advantage. Our technology solutions transform the way you create and service your products across the entire product lifecycle – from conception and design to sourcing and service.

2014

ThingWorx
ThingWorx provides the first platform designed to efficiently build and run the applications of today’s connected world.

2013

Enigma
Enigma software helps organizations aggregate and deliver information related to products, parts and service in context as an integrated digital library to service engineers and technicians who work at customer sites, in maintenance depots or in dealer environments; which may include the owner / operator as well.

NetIDEAS
NetIDEAS has had years of experience in managing and deploying complex enterprise applications. Companies from various industries are able to use these applications to accelerate innovation, time‐to‐market, and revenue by collaboratively developing, managing and leveraging product‐related intellectual property throughout the enterprise.

2012

Servigistics
Servigistics enables leading discrete manufacturers across diverse industries to successfully execute a service-led growth strategy that delivers value across the service organization and the entire enterprise.

2011

4CS
4CS Service Suite improves service revenue and profitability by integrating warranty, service, support and service parts processes for durable goods manufacturers, distributors, supplier and service providers.

MKS
MKS’s leading product, Integrity, is the only Software System Lifecycle Management (SSLM) solution that orchestrates all software development processes and manages all development artifacts, providing complete visibility into product development.

2010

Planet Metrics
Pioneering environmental impact software to help companies effectively improve environmental performance, reduce costs, and mitigate risk

2009

Relex Software Acquired
Advanced reliability engineering software that provides key system performance metrics such as reliability, maintainability, and prediction in a flexible and intuitive framework.

2008

Synapsis Technology Acquired
Best-of-breed solution for tracking and improving the environmental performance of your products, parts, materials, and suppliers

2007

CoCreate Acquired
Explicit modeling tool enables PTC to offer the industry’s most comprehensive suite of modeling solutions

LBS, Ltd. Acquired
Leader in Integrated Logistics Support (ILS) solutions for A&D and Civil Aviation

NC Graphics Acquired
Best-in-class CAM solutions for high-speed precision machining

NetRegulus Acquired
Leading Enterprise Study and Quality management software for Medical Devices

2006

ITEDO Acquired
Leading 2D and 3D Technical Illustration and Animation solution

Mathsoft Acquired
Industry standard solution for Engineering Calculations

2005

Aptavis Technology Corp. Acquired
Windchill-based technology and expertise for retail, footwear and apparel

Arbortext Acquired
Leading technology and expertise in Dynamic Publishing

Polyplan Technologies Acquired
Leading technology and expertise in manufacturing process management

PLM on Demand launched - strategic partnership with IBM Acquired

2004

Ohio Design Automation Acquired
Leading ECAD collaboration solution

2003

IndustryWeek names Pro/ENGINEER "Technology of the Year" for the second time

2002

Windchill PDMLink launched - pure Internet architecture solution for product data management

PTC surpasses 35,000 customers

Pro/ENGINEER Wildfire released - first CAD system to fully support Web services

2001

Windchill ProjectLink launched - pure Internet architecture solution for project collaboration

2000

Nitidus acquired

1999

PTC surpasses 25,000 customers

DIVISION Group and Auxilium, Inc. acquired

1998

Windchill launched - first to market with Internet-Based solutions for PLM)

Computervision acquired

InPart acquired

1997

PTC added to S&P 500

1996

Daratech names PTC World's #1 Supplier of CAD/CAM/CAE software after only 8 years in the market

1995

PTC cracks Fortune 500

CDRS (surfacing product) acquired from Evans and Sutherland

1992

IndustryWeek names Pro/ENGINEER "Technology of the Year"

Caterpillar becomes our largest customer

1989

Initial Public Offering (PMTC)

1988

Pro/ENGINEER launched - first to market with parametric, associative feature-based, solid modeling software

John Deere becomes PTC's first customer

1985

Company founded