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PTC Completes Acquisition of Servigistics
 

PTC Completes Acquisition of Servigistics

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Combination Represents Industry’s Most Comprehensive “System for Service” ...

Combination Represents Industry’s Most Comprehensive “System for Service”

NEEDHAM, Mass., October 2, 2012 – 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.”

Read the full release and visit our newsroom on PTC.com>> http://www.ptc.com/appserver/search/newsroom.jsp?utm_source=SlideShare&utm_medium=PressRelease&utm_campaign=Social%2B

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    PTC Completes Acquisition of Servigistics PTC Completes Acquisition of Servigistics Document Transcript

    • PTC COMPLETES ACQUISITION OF SERVIGISTICS Combination Represents Industry’s Most Comprehensive “System for Service”NEEDHAM, Mass., October 2, 2012 – PTC (Nasdaq: PMTC) today completed its previously-announced acquisition of Servigistics, Inc., developer of an innovative suite of service lifecyclemanagement (SLM) software solutions. The combination of the two companies firmlyestablishes 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-classtechnology 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 atechnology 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 withwhat we believe is the deepest domain expertise, broadest customer base, and largest marketshare in the industry,” said PTC’s president and CEO Jim Heppelmann. “Manufacturers havea tremendous opportunity to elevate the contribution of their service organizations to their topand bottom lines. With its breadth of offerings, PTC is now the clear technology partner ofchoice for manufacturers seeking to capture this new competitive advantage by establishingservice as a strategic enterprise function.”With its comprehensive SLM capabilities, PTC is now uniquely positioned to help discretemanufacturers transform their service strategies and operations into a true source ofsustainable competitive edge – what PTC describes as “service advantage.”Additional Resources  Servigistics Integration Page  PTC’s Service Lifecycle Management Resource Center  Gartner Report: The Service Lifecycle Maturity Model  IDC Report: Worldwide Warranty Transaction ManagementAbout PTCPTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and serviceadvantage. The company’s technology solutions transform the way products are created and
    • serviced across the entire product lifecycle – from conception and design to sourcing andservice. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Getmore information at www.ptc.com. Follow us on Twitter - Watch us on YouTube - Connect with us on LinkedInPTC and all PTC product names and logos are trademarks or registered trademarks ofParametric Technology Corporation or its subsidiaries in the United States and in othercountries. ###Media Contact: Investor Contact:PTC PTCEric Snow Tim Fox(617) 913-9719 (781) 370-5961esnow@ptc.com tifox@ptc.com