PTC will acquire ServiceMax for $1.46B
Stacey Higginbotham
NOVEMBER 22, 2022
PTC, which started out as CAD software for manufacturers, has spent the last decade making acquisitions to transform itself into a source of cloud-based tools for digital transformation. It has also bought a variety of other companies, including one in the service industry — Servigistics — back in 2012.
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