target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Note - Doc Document number: # US49936222
PTC Extends PLM Strategy Further into Service: PTC to Acquire ServiceMax
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Abstract
This IDC Market Note highlights the recent announcement on November 17, 2022, of PTC's intention to acquire ServiceMax to be finalized in the early part of 2023. This document also discusses the impact on manufacturers and service organizations resulting from this acquisition.