Add-on Acquisition • Software

PTC Acquires ITEDO Software

On October 18, 2006, PTC acquired software company ITEDO Software for 17M USD

Acquisition Context

This is PTC’s 3rd transaction in the Software sector.
This is PTC’s 14th largest (disclosed) transaction.
This is PTC’s 4th transaction in the United States.
This is PTC’s 1st transaction in California.

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M&A Deal Summary
Date	October 18, 2006
Target	ITEDO Software
Sector	Software
Buyer(s)	PTC
Deal Type	Add-on Acquisition
Deal Value	17M USD

Target Company

ITEDO Software

Burlingame, California, United States

ITEDO Software LLC is specialized in the development and sales of software solutions for technical illustration. Best known for their market-leading product, IsoDraw, ITEDO has revolutionized the process of creating and maintaining isometric technical illustrations.

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Buyer Overview 1

Buyer

PTC

Boston, Massachusetts, United States

Category	Company
Founded	1985
Sector	Software
Employees	7,311
Revenue	2.3B USD (2024)

DESCRIPTION

PTC is a computer software company specializing in 2D & 3D design software, product lifecycle management, and service management solutions. PTC was founded in 1985 and is based in Boston, Massachusetts.

Deal Context for Buyer	#
Overall	5 of 29
Sector: Software	3 of 20
Type: Add-on Acquisition	5 of 27
State: California	1 of 4
Country: United States	4 of 23
Year: 2006	2 of 2
Size (of disclosed)	14 of 15

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2006-04-28	Mathsoft Engineering & Education Needham, Massachusetts, United States Mathsoft is a provider of interactive math, science and engineering software products and content.	Buy	$63M

DATE

TARGET

DEAL TYPE

VALUE

2006-04-28

Mathsoft Engineering & Education

Needham, Massachusetts, United States

Mathsoft is a provider of interactive math, science and engineering software products and content.

Buy

$63M

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-05-16	NC Graphics Waterbeach, United Kingdom NC Graphics (Cambridge) Ltd. is a provider of high-speed machining CAM solutions optimized for tool making and high-speed, precision machining processes.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2007-05-16

NC Graphics

Waterbeach, United Kingdom

NC Graphics (Cambridge) Ltd. is a provider of high-speed machining CAM solutions optimized for tool making and high-speed, precision machining processes.

Buy

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