How Onshape Will Help PTC Capture The CAD Cloud

J.C. Kuang, Analyst J.C. Kuang, Analyst Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Software, Venture Capital, Private Equity, and M&A

This week, PTC, the global IoT software and services company, announced the acquisition of Onshape, a leading provider of computer-aided design (CAD) software-as-a-service solutions for $470 million. PTC’s acquisition of Onshape adds significant value to the company’s offerings, especially its flagship software products for product lifecycle management (PLM) and CAD.  The deal represents the largest disclosed acquisition in dollars by … Read More