PTC
(Nasdaq: PTC) has completed its acquisition of Atego,
a developer of model-based systems and software engineering applications.
The acquisition enhances PTC’s portfolio of product
lifecycle management (PLM) and application
lifecycle management (ALM) solutions and strengthens PTC’s
commitment to supporting its customers’ systems engineering initiatives
with powerful modeling capabilities.
Atego’s market-leading Model-Based Systems Engineering (MBSE) solution
connects requirements engineering, architecture modeling, physical
product definition, and system verification functions. This enables
efficiencies and process standardization, allowing distributed teams to
collaboratively build digital models of complex systems while managing
system variability and enabling reuse. These capabilities are
increasingly important in a world of smart,
connected products in which manufacturers must concurrently develop
systems that consist of sophisticated mechanical, electrical, and
software components.
“For PTC customers, there is increasing importance for multifunctional
teams to work in concert while modeling the interdependencies of
mechanical, electrical, and software engineering components,” stated
Brian Shepherd, EVP Enterprise Segments, PTC. “Atego extends our
existing ALM and PLM technologies and directly supports customers’ needs
to integrate multiple systems engineering disciplines.”
Atego’s products are used by such companies as Alstom Transport, ATLAS
ELEKTRONIK, and PSA Peugeot Citroën to improve their systems engineering
processes.
Additional Resources
About PTC
PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and
service advantage. PTC's technology solutions help customers transform
the way they create, operate, and service products for a smart,
connected world. Founded in 1985, PTC employs approximately 6,000
professionals serving more than 28,000 businesses in rapidly-evolving,
globally-distributed manufacturing industries worldwide. Get more
information at www.PTC.com.
PTC and the PTC logo are trademarks or registered trademarks of PTC
Inc. or its subsidiaries in the United States and in other countries.
Copyright Business Wire 2014