On the Record · PTC
PTC acquisitions, on the record
The businesses PTC bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
ServiceMax cloud-native field service management businessWord for word“Cash used in investing activities in FY'23 was driven by the acquisition of ServiceMax, with $828.2 million paid in Q2'23.” 10-K for 2023 | acquisition | Q2'23 | $828.2 million |
Codebeamer businessWord for word“Cash used in investing activities in FY'22 was driven by the acquisition of the Codebeamer business for $278.1 million, offset by $46.9 million of proceeds from the sale of an investment and $32.5 million of proceeds from the sale of a portion of our PLM services business.” 10-K for 2023 | acquisition | FY'22 | $278.1 million |
a portion of our PLM services businessWord for word“Cash used in investing activities in FY'22 was driven by the acquisition of the Codebeamer business for $278.1 million, offset by $46.9 million of proceeds from the sale of an investment and $32.5 million of proceeds from the sale of a portion of our PLM services business.” 10-K for 2023 | divestiture | FY'22 | $32.5 million |
pure-systems GmbHWord for word“On October 4, 2023, we acquired pure-systems GmbH pursuant to a Share Purchase Agreement.” 10-K for 2024 | acquisition | On October 4, 2023, we acquired pure-systems GmbH pursuant to a Share Purchase Agreement. | — |
ServiceMax, Inc.Word for word“On January 3, 2023, we acquired ServiceMax, Inc. pursuant to a Share Purchase Agreement dated November 17, 2022 by and among PTC, ServiceMax, Inc., and ServiceMax JV, LP.” 10-K for 2024 | acquisition | On January 3, 2023, we acquired ServiceMax, Inc. pursuant to a Share Purchase Agreement dated November 17, 2022 by and among PTC, ServiceMax, Inc., and ServiceMax JV, LP. | — |
Intland SoftwareWord for word“On April 29, 2022, we acquired Intland Software, GmbH, and Eger Invest GmbH (together, "Intland Software") pursuant to a Share Sale and Purchase Agreement.” 10-K for 2024 | acquisition | On April 29, 2022, we acquired Intland Software, GmbH, and Eger Invest GmbH (together, "Intland Software") pursuant to a Share Sale and Purchase Agreement. | — |
a portion of our PLM services business sold to ITC Infotech India LimitedWord for word“On June 1, 2022, we sold a portion of our PLM services business to ITC Infotech India Limited pursuant to a Strategic Partner Agreement dated as of April 20, 2022 by and between PTC and ITC Infotech.” 10-K for 2024 | divestiture | On June 1, 2022, we sold a portion of our PLM services business to ITC Infotech India Limited pursuant to a Strategic Partner Agreement dated as of April 20, 2022 by and between PTC and ITC Infotech. | — |
IncQuery Group GmbHWord for word“In the third quarter of 2025, we acquired IncQuery Group GmbH pursuant to a Share Purchase Agreement.” 10-K for 2025 | acquisition | In the third quarter of 2025 | — |
a portion of PLM services businessWord for word“In 2022, we sold a portion of our PLM services business to ITC Infotech India Limited pursuant to a Strategic Partner Agreement dated as of April 20, 2022 by and between PTC and ITC Infotech.” 10-K for 2025 | divestiture | In 2022 | — |
Kepware and ThingWorx businessesWord for word“The Amendment amends the asset sale restrictions to eliminate the restriction entirely for the divestiture of PTC’s Kepware and ThingWorx businesses pursuant to that certain Asset Purchase Agreement dated November 5, 2025, between PTC and Parrot US Buyer, L.P., and to permit sales of assets up to an aggregate of $ 250 million in book value in any fiscal year as long as no Default or Event of Default exists or would exist after consummation of the sale.” 10-K for 2025 | agreed divestiture | November 5, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-09-30 | $165.8 million | — |
| 2017-09-30 | $5 million | $2.8 million |
| 2018-09-30 | $3 million | $4.3 million |
| 2019-09-30 | $86.7 million | — |
| 2020-09-30 | $483.5 million | — |
| 2021-09-30 | $718 million | — |
| 2022-09-30 | $282.9 million | — |
| 2023-09-30 | $828.3 million | — |
| 2024-09-30 | $93.5 million | — |
| 2025-09-30 | $6.5 million | — |
Deal filings since 2016
- 2026-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from PTC’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.