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Slide #45. PTC — Servigistics
PTC 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.
PTC develops software applications and delivers related services that help companies design products, manage product information and improve their product development and services processes. Co.'s desktop applications include its PTC Mathcad® engineering calculations software and its PTC Arbortext document authoring tools. Co. has two reportable segments: software products, which includes license and related maintenance services for its products except training-related products; and services, which includes consulting, implementation, training and computer-based training products, including related maintenance services.
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Buy (3.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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