PTC Rumored to Sell for $2 Billion

A recent article in The Financial Times reported that PTC hired Goldman Sachs as an adviser and is in the early stages of identifying potential buyers. Unidentified sources also said that several of PTC's larger competitors, as well as private equity investors, recently received data on the company. The price tag for the provider of product lifecycle management and content management solutions has been reported at $2 billion. PTC spokesperson Nicole Rowe has declined to comment on the rumored sale. CGT will continue to provide the latest on this story as details are revealed.