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Ptc Completes Acquisition Of Intland Software

May 03, 2022over 3 years ago

Acquiring Company

PTC

Acquired Company

Intland Software

Description

PTC (NASDAQ: PTC) today announced that it has completed its acquisition of Intland Software. The acquisition will significantly broaden and deepen PTC's Application Lifecycle Management (ALM) footprint across safety-critical and regulated industries, including automotive, life sciences, consumer electronics, and aerospace and defense. PTC plans to offer the Intland CodebeamerTM next-generation ALM suite standalone and in conjunction with both its Windchill® and Arena® PLM offerings, and to continue to enhance and support its current ALM solution.

Company Information

Company

PTC

About

Increase operational efficiency, while transforming how products are created and serviced. Learn how PTC is changing the game in digital transformation.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed