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

quotesAs far as the Corum people are concerned, you will find that every single one of them down to the secretary are extremely professional. They know how to deal on your behalf and they are great at negotiating. Ultimately they structured an excellent deal for us. I will say this, would I do another transaction with the Corum people? Absolutely.quotes

Rusty Russ
DTR Software International