BOSTON – January 19, 2021 – PTC (NASDAQ: PTC) has completed its acquisition of Arena Solutions , the industry’s leading software as a service (SaaS) product lifecycle management (PLM) solution. The combination of Arena Solutions and Onshape, which PTC acquired in 2019, establishes PTC as the leading provider of pure SaaS solutions for the product development market and broadly extends PTC’s presence in the attractive mid-market, where SaaS solutions are becoming the standard.
↧