ITC Infotech buys part of PTC’s lifecycle consulting

Published By: The Hindu Business Line  |  Published On: June 2, 2022

ITC Infotech has acquired a part of Nasdaq-listed PTC product lifecycle management (PLM) consulting and professional services business, including about 160 PLM consultants and services experts, and created a new business unit, DxP Services, which will house the PLM professionals of both companies. The overall commitments of ITC Infotech was estimated at about $115 million, of which $33 million in cash will go to PTC at the closing of the transaction, with the remainder consisting of a mix of committed and contingent items deliverable over a period of five years, in accordance with the terms of the agreement.


Beware of fraudulent and fake job offers

It has come to our attention that certain employment agencies and individuals are asking people for money in exchange for a job at ITC Infotech.

Such Agencies/individuals could impersonate ITC Infotech's officers, use the company name/logo, brand names and images illegally, without authorization, and/or try to extract money towards security deposit, documentation processing fees, training fees, and so on.

Please note that ITC Infotech never asks job applicants or members of the public to pay money in any form while recruiting.

Feel free to reach out to us at to report any such incidents that you may have experienced, please use the subject line “Recruitment Fraud Alert” in your message.

Always exercise caution and stay protected against fraud:

  • Do not pay money or transfer funds to anyone toward securing an ITC Infotech job. ITC Infotech will not accept liability for any losses that may have been suffered by the victims of such fraudulent activities.
  • Be careful when sharing your personal information and protect yourself from potential damage. Do not engage with people who fraudulently misrepresent ITC Infotech or its employees/officers and try to solicit payments under the pretext of offering jobs.
View Current Openings
Choose Language »
Don`t copy text!