PTC History and Acquisitions

Since 1985, PTC has serviced top-notch customers, acquired key companies, and created industry-leading products to bring you the best in product development software. These milestones have contributed to the products, solutions and corporate culture that make PTC the leading provider of product development solutions. Our integrated solutions have enabled PTC to help customers optimize their product development processes and realize greater business value.

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