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M&A Deal Summary

PTC Acquires ITEDO Software

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2006-10-18
Target ITEDO Software
Sector Software
Buyer(s) PTC
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

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(S) 1

Buyer

PTC

Boston, Massachusetts, United States
Category Company
Founded 1985
Sector Software
Employees7,311
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 STATS #
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
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 -
Mergr

Product

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