PTC

Global software company, leader in CAD, PLM, IoT and AR solutions

Company type

Large company


Sector

IT / IT Consulting / Software


Location

Boston, MA

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PTC completes acquisition of Intland Software

PTC has completed its acquisition of Intland Software. The acquisition will significantly broaden and deepen PTC's Application Lifecycle Management (ALM) footprint across safety-critical and regulated industries, including automotive, life sciences, consumer electronics, and aerospace and defence. PTC plans to offer the Intland Codebeamer next-generation ALM suite standalone and in conjunction with both its Windchill and Arena PLM offerings, and to continue to enhance and support its current ALM solution.

"We are pleased to complete the acquisition of Intland," said Jim Heppelmann, President and CEO, PTC. "Codebeamer is fast becoming the new standard in safte-critical and regulated industries as products are increasingly differentiated by software. The addition of Codebeamer to our ALM suite will bolster both ALM and PLM growth potential by significantly increasing our product strength and market momentum."

https://www.ptc.com/en/news/2022/ptc-completes-acquisition-of-intland-software