United States
PTC
United Kingdom
Atego

About the transaction

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.

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