PTC - Atego

PTC announced it has signed a definitive agreement to acquire Atego, a developer of model-based systems and software engineering applications based in Cheltenham, UK. The acquisition enhances PTC’s portfolio of product lifecycle management (PLM) and application lifecycle management (ALM) solutions, and strengthens PTC’s commitment to supporting its customers’ systems engineering initiatives with powerful modeling capabilities.

Seller:
Atego
United Kingdom
Buyer:
PTC
United States
Closed:
July 2014

quotesWith iPromotions we bootstrapped our way into a leadership position in only 9 months. When it came time to push iPromotions up to the next level, Corum identified the best possible partners and leveraged our Internet expertise into an excellent transaction.quotes

Bryan Heathman
iPromotions