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PTC

TPG to acquire PTC’s industrial connectivity and IoT businesses

Posted on: November 10, 2025

PTC and TPG, a global alternative asset management firm, has announced a definitive agreement under which TPG will acquire PTC’s Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses (the “businesses”).

PTC to acquire SaaS field service management provider ServiceMax

Posted on: November 21, 2022

Boston, United States – PTC announced that it has signed a definitive agreement to acquire ServiceMax for approximately [$1.46 billion (€1.42 billion)] in cash on a debt-free, cash-free basis from an entity majority owned … Continued