- Business
- PTC Inc. (NASDAQ: PTC; FSE: PMTA) develops and delivers software solutions for product lifecycle management, computer-aided design, application lifecycle management, industrial Internet of Things, augmented reality, and service lifecycle management, primarily serving discrete manufacturers in industries including aerospace, automotive, electronics, and consumer products across the Americas, Europe, and Asia Pacific; founded in 1985 and headquartered in Boston, Massachusetts. Core product families include Creo and Onshape for CAD; Windchill and Arena for PLM; Codebeamer and Integrity for ALM; Vuforia for AR; ServiceMax for field service management and Servigistics for service parts optimization; and Mathcad for engineering calculations and Arbortext for technical publishing. In November 2025, PTC agrees to sell its Kepware industrial connectivity and ThingWorx IoT businesses to TPG to sharpen focus on core CAD, PLM, ALM, and SLM offerings amid SaaS and AI adoption; earlier in 2025, it acquires IncQuery Group to bolster ALM and systems engineering, launches Codebeamer 3.0 with AI enhancements, rolls out agentic AI in ServiceMax and Servigistics for field service and supply chain optimization, and expands partnerships including with NVIDIA for Omniverse integration and Garrett Motion for Onshape, Codebeamer+, and Windchill+ deployment. Fiscal year 2025 delivers record revenue of $2.739 billion, ARR growth of 8.5% in constant currency, and free cash flow of $857 million.