PTC

Boston, United States Founded: 1985 • Age: 41 yrs Listed Acquired By Schneider Electric
PTC is recognized as a global leader in product lifecycle management software.

About PTC

PTC is a publicly listed company based in Boston (United States) founded in 1985, and was acquired by Schneider Electric in October 2026. PTC is recognized as a global leader in product lifecycle management software. It operates on a SaaS (Software-as-a-Service) and Managed Services model in Technology and Industrial Goods & Manufacturing sectors. The company has 7,500 employees. PTC has completed 24 acquisitions, including 4C Solutions, Arena Solutions and Atego. Its website ptc.com draws about 1.1 million monthly visits. PTC offers products and services including Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management. Its focus areas include Software and Product Lifecycle Management. Its competitors include Jama Software, Applied Dynamics and No Magic; 1 of its 3 listed competitors has raised funding.

Company details

PTC is established as a leader in product lifecycle management software, providing solutions that enhance engineering transformation, manufacturing excellence, and service optimization. The companys offerings are built on a strong product data foundation, fueled by AI, to create an intelligent product lifecycle. PTC serves various sectors, including aerospace, defense, and discrete manufacturing, with tools for managing product complexity, reducing costs, and improving quality. Solutions are designed to drive growth, innovation, and customer experience transformation across the enterprise value chain.

  • Headquarters Boston, United States
  • Employees 7,500
  • Stage Public
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Website category Computers Electronics and Technology
  • Website ptc.com
  • Social LinkedIn X Facebook
  • Acquired by Schneider Electric (Oct 2026)
  • Legal Name Ptc Inc.
Key Metrics
  • Annual Revenue
    $2.74 B (USD)
    19.18
    as on Sep 30, 2025
  • Net Profit
    $734 M (USD)
    95.04
    as on Sep 30, 2025
  • EBITDA
    $1.14 B (USD)
    56.13
    as on Sep 30, 2025
  • Investors
  • Employee Count
    7,500
  • Investments & Acquisitions
  • Acquired by

Products & Services of PTC

PTC offers a comprehensive portfolio of products and services, including Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management.

Product Lifecycle Management Software
Software

Software for managing product lifecycle across enterprises.

Application Lifecycle Management
Software

Tools for accelerating innovation in software development.

Service Lifecycle Management
Software

Solutions for optimizing service operations and uptime.

Funding Insights of PTC

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of PTC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 1987Private Equity Round–Bessemer Venture Partners
–
Valuation history

2 investors in total: 2 institutional.

Investors in PTC

PTC has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric and Bessemer Venture Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
Energy management and automation solutions are provided globally.
1836se.comRueil Malmaison, France
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Investor details for PTC

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Board of directors of PTC

The boards of the 2 registered companies of PTC currently have 3 directors; the longest-serving is Anagha Srinivas Rao Anasingaraju, appointed in 2014. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anagha Srinivas Rao Anasingaraju
DIN 02513563
Director01 May 201412 yrs 6 moParametric Technology (India) Private Limited, Ptc Software (India) Private Limited
Aniket Amar Marathe
DIN 07019596
Director17 Dec 201411 yrs 10 moParametric Technology (India) Private Limited, Ptc Software (India) Private Limited
Nicholas Dhun Aspandiar
DIN 08235431
Director22 Sep 20188 yrs 1 moParametric Technology (India) Private Limited, Ptc Software (India) Private Limited

People of PTC

850 people are tracked at PTC (314 in leadership, 10 in board & advisors, 526 in team); the tracked headcount is 7,500.

NameRoleGroup
Alan Tran
PrincipalLeadership
Kristian Talvitie
CFOLeadership
Walter Panza
Senior Sales Director, License Compliance Emeai, Latam. Advisory Services InternationalLeadership
Joan Walsh
Director Customer OperationsLeadership
Emily Abeling
Senior Director, Go-to-market StrategyLeadership
Vinod Palakkil
Senior Director Indirect Business ( Mid Market And Smb)Leadership
Pierre Yves Matthiau
Head Of International Growth MarketingLeadership
Ross Gilmour
Regional Vice President - Northern EuropeLeadership
Dhirendra Kulkarni
Presales Senior DirectorLeadership
Amit Jain
Chief Strategy OfficerLeadership
Melissa Viccione
Svp, Head Of Global Total RewardsLeadership
Pramod Gargate
Key Account DirectorLeadership
Daniel Spieß
Regional Director Customer Success ManagementLeadership
Carla Riney
Vice President Of Product ManagementLeadership
Brian Gordon
Senior Director Of Product ManagementLeadership
Oscar Ornelas
Vp, Chief Product Security OfficerLeadership
Jeff Zemsky
Vice President Of Product ManagementLeadership
Kanisha Raina
Vice President Human ResourcesLeadership
Tal Halutsy
Director, Software EngineeringLeadership
Holger Schmiedefeldt
Vice President, Sales And Customer SolutionsLeadership

830 more people are available in the full profile.

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Complete people profiles for PTC

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IPO & Listings of PTC

PTC is a publicly listed company on the NASDAQ with ticker symbol PTC in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date12 Dec 1998
  • Listed onNASDAQ: PTC
  • Listed entityPTC Inc.
  • Exchange sectorTechnology services
  • ISINUS69370C1009
  • Share price$193.96 (-0.22% on the day) · 2026-10-13
  • Market capitalisation$21.07B
  • Price to earnings18.8
  • EPS (diluted, trailing year)$10.34
  • Volume (last session)2,718,928

Financials of PTC

Figures of Parametric Technology (India) Private Limited, the primary company behind PTC, for FY 2025. Revenue was ₹1,398 Cr (+10% year on year). Net profit was ₹190 Cr (14% margin). EBITDA was ₹332 Cr (24% margin). Revenue has grown at a compounded annual rate of +23% over three years and +19% over five years.

  • ₹1,398 CrRevenue · FY 2025 · +10% YoY
  • ₹190 CrNet profit · 14% margin
  • ₹332 CrEBITDA · 24% margin
  • ₹8.3 LakhPaid-up capital
  • 321Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +19%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$2.74B$734.0M$1.14B
2024$2.30B$376.3M$731.8M
2023$2.10B$245.5M$613.9M
2022$1.93B$313.1M$618.8M
2021$1.81B$476.9M$520.5M

Balance sheet, profit and loss, cash flow and ratios of Parametric Technology (India) Private Limited are on its company page.

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Detailed financial statements for PTC

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by PTC

PTC has strategically engaged in corporate development activities, having acquired 24 companies. Notable acquisitions include 4C Solutions, Arena Solutions and Atego.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based query suite for graph and text data is offered.
incquery.ioBudapest, Hungary2019Apr 2025β€’β€’β€’β€’
Software for systematic variant management in engineering processes.
pure-systems.com0Oct 2023β€’β€’β€’β€’
Cloud-based software is provided for field service and asset management.
servicemax.comPleasanton, United States2007Nov 2022$1.46B
codeBeamer ALM is developed for application lifecycle management.
intland.comStuttgart, Germany1999Apr 2022$280M
AR platform provided for industrial and real-estate applications.
re-flekt.comMunich, Germany2012Feb 2022β€’β€’β€’β€’
Cloud PLM applications are delivered for manufacturing firms.
arenasolutions.comFoster, United States2000Dec 2020$715M
Cloud-based 3D CAD system is accessed via web browsers.
onshape.comCambridge, United States2012Oct 2019$470M
Practical augmented reality services are supplied to various clients.
twnkls.nlNetherlands2009Jun 2019β€’β€’β€’β€’
Design and topology optimization tools are provided for additive manufacturing.
frustum.comBoulder, United States2014Nov 2018$70M
AR-based field force automation solutions are provided for workforce training.
waypointlabs.comCambridge, United States2016Feb 2018β€’β€’β€’β€’
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Complete acquisition details for PTC

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Timeline of PTC

14 dated milestones of PTC across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded PTC is founded.
  2. Funding First funding round.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires Waypoint Labs.
  5. Acquisition Acquires Frustum.
  6. Acquisition Acquires TWNKLS.
  7. Acquisition Acquires Onshape.
  8. Acquisition Acquires Arena Solutions.
  9. Acquisition Acquires RE'FLEKT.
  10. Acquisition Acquires Intland.
  11. Acquisition Acquires ServiceMax.
  12. Acquisition Acquires Pure Variants.
  13. Acquisition Acquires IncQuery.
  14. Exit Acquired by Schneider Electric.

Competitors of PTC

PTC has 3 listed competitors in our database, 1 of them funded. They include Jama Software, Applied Dynamics and No Magic.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jamasoftware.com2007Portland, United States$234M185
Cloud-based software for product requirement management is provided.
adi.com1957Ann Arbor, United States
Model-based system engineering is utilized for product lifecycle support.
nomagic.com1995Allen, United States27
Provider of software for model-based systems
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Detailed competitors of PTC

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Web traffic of PTC

The website of PTC (ptc.com) receives about 1.1M visits a month and ranks #43,636 among all websites worldwide, #5,309 in Computers Electronics and Technology.

  • Monthly visits
    1.1M

    ▲ 11.6% vs previous month

  • Unique visitors
    429.7K

    per month

  • Global rank
    #43,636

    among all websites

  • Category rank
    #5,309

    Computers Electronics and Technology · Computers Electronics and Technology

Similar websites

Websites whose visitors overlap most with PTC. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
solidworks.com
100%
3.2M#18,645View details
3ds.com
90%
3.5M#12,596View details
ptcuser.org
ptcuser.org
90%
#5,254,904–
ironcad.com
90%
54.7K#637,769View details
usa.autodesk.com
usa.autodesk.com
86%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as PTC (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Ptc

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Frequently Asked Questions about PTC

PTC was founded in 1985 and raised its 1st funding round 2 years after it was founded.

PTC is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

PTC has 7,500 employees.

Annual revenue of PTC is $2.74B as on Sep 30, 2025.

PTC is established as a leader in product lifecycle management software, providing solutions that enhance engineering transformation, manufacturing excellence, and service optimization. The companys offerings are built on a strong product data foundation, fueled by AI, to create an intelligent product lifecycle. PTC serves various sectors, including aerospace, defense, and discrete manufacturing, with tools for managing product complexity, reducing costs, and improving quality. Solutions are designed to drive growth, innovation, and customer experience transformation across the enterprise value chain.

PTC's top competitors include Jama Software, Applied Dynamics and No Magic.

PTC offers Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management.

Yes, PTC is publicly traded on NASDAQ under the ticker symbol PTC.

PTC has made 24 acquisitions, including 4C Solutions, Arena Solutions, and Atego.

PTC has 2 investors. Key investors include Schneider Electric, and Bessemer Venture Partners.

PTC is associated with 2 legal entities: Parametric Technology (India) Private Limited, Ptc Software (India) Private Limited.

Yes. PTC was acquired by Schneider Electric in October 2026.

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