PTC’s New Aggressive SaaS Plan: Sell a Portion of Services Business to ITC and Buy ALM Company Intland for $280 Million

Published By: Engineering  |  Published On: April 22, 2022

The story focuses on the expansion of PTC’s 20-year alliance with ITC Infotech, with the groups combining their PLM professional service experts to create a new business unit, DxP Services, to help accelerate customers’ SaaS adoption. The story also talks about the new agreement with ITC Infotech which will allow PTC to realign its own professional services experts to a unique thought leadership role in the industry in enabling digital transformation and cloud-based SaaS for industrial companies across engineering, manufacturing and service.

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