| By Business Wire |
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| October 2, 2012 05:19 PM EDT |
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PTC (Nasdaq: PMTC) today completed its previously-announced acquisition
of Servigistics, Inc., developer of an innovative suite of service
lifecycle management (SLM) software solutions. The combination of the
two companies firmly establishes PTC’s market
leadership in SLM by positioning PTC with the most comprehensive
“system for service” in the industry.
With over 27,000 customers worldwide, PTC
has long been known for its world-class technology solutions that optimize
the way companies create products. By adding Servigistics, PTC is
now fully able to help global manufacturers service those same products.
From a technology perspective, PTC’s SLM solution portfolio is now
unparalleled in the industry, covering: technical information, service
knowledge management, service parts management, warranty and contract
management, field service management, and service logistics.
“Today, PTC claims leadership in the emerging service lifecycle
management market with what we believe is the deepest domain expertise,
broadest customer base, and largest market share in the industry,” said
PTC’s president and CEO Jim Heppelmann. “Manufacturers have a tremendous
opportunity to elevate the contribution of their service organizations
to their top and bottom lines. With its breadth of offerings, PTC is now
the clear technology partner of choice for manufacturers seeking to
capture this new competitive advantage by establishing service as a
strategic enterprise function.”
With its comprehensive SLM capabilities, PTC is now uniquely positioned
to help discrete manufacturers transform their service strategies and
operations into a true source of sustainable competitive edge – what PTC
describes as “service advantage.”
Additional Resources
About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product
and service advantage. The company’s technology solutions transform the
way products are created and serviced across the entire product
lifecycle – from conception and design to sourcing and service. Founded
in 1985, PTC employs over 6,000 professionals serving more than 27,000
businesses in rapidly-evolving, globally distributed manufacturing
industries worldwide. Get more information at www.ptc.com.
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PTC and all PTC product names and logos are trademarks or registered
trademarks of Parametric Technology Corporation or its subsidiaries in
the United States and in other countries.
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