Key Points
July 26 - Industrial software maker PTC (PTC.O) forecast fourth-quarter revenue below estimates on Wednesday, as economic uncertainty forces companies to cut back on spending to bolster their bottom lines...
PTC completed the acquisition of cloud-based software provider ServiceMax for $1.46 billion earlier this year, as it looks to expand its portfolio of product-lifecycle management offerings...
PTC also announced that Neil Barua, president of its Service Lifecycle Management business, will succeed James Heppelmann as CEO when the latter, a company veteran of 26 years, retires next February...
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