PTC buys pure-systems to strengthen ALM activities
PTC has acquired pure-systems. PTC wants to expand its Application Lifecycle Management (ALM) and Product Lifecycle Management (PLM) activities.
The take over, of which no financial details have been disclosed, is a follow-up to the extensive collaboration that companies already had. The pure::variants solutions from pure-systems have been used within PTC’s ALM and PLM solutions for a long time.
This concerns the PTC Codebeamer ALM solution and the PTC Windchill PLM solutions.
Expansion of ALM capabilities
With the arrival of pure systems within its portfolio, PTC expects it to be able to further expand its market share in the ALM market. For example, by encouraging the use of this type of software and mainly serving certain customers. This includes the automotive sector, aerospace and medical equipment manufacturers.