M&A Deal Summary

PTC Acquires Kepware Technologies

On January 12, 2016, PTC acquired software company Kepware Technologies for 100M USD

Acquisition Highlights
  • This is PTC’s 16th transaction in the Software sector.
  • This is PTC’s 9th largest (disclosed) transaction.
  • This is PTC’s 18th transaction in the United States.
  • This is PTC’s 1st transaction in Maine.

M&A Deal Summary

Date 2016-01-12
Target Kepware Technologies
Sector Software
Buyer(s) PTC
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Kepware Technologies

Portland, Maine, United States
Kepware Technologies, Inc. is a software development company that provides communications connectivity to industrial automation environments.

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Buyer(S) 1

Buyer

PTC

Boston, Massachusetts, United States

Category Company
Founded 1985
Sector Software
Employees6,268
Revenue 2.1B USD (2023)
DESCRIPTION

PTC is a U.S.-based 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 23 of 28
Sector (Software) 16 of 19
Type (Add-on Acquisition) 21 of 26
State (Maine) 1 of 1
Country (United States) 18 of 22
Year (2016) 1 of 1
Size (of disclosed) 9 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-12 Qualcomm - Vuforia Business

United States

Qualcomm - Vuforia Business is an augmented reality (AR) technology platform.

Buy $65M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 Frustum

Boulder, Colorado, United States

Frustum, Inc. is an advanced generative design software company. Frustum offers patented desktop and cloud-based engineering software that enables designers and engineers to go beyond the limits of their personal experience by leveraging powerful AI capabilities that guide the discovery of high-performance, next-generation product designs. Frustum, Inc. was founded in 2014 and is based in Boulder, Colorado.

Buy $70M