What will be the impact on the PTC and Mathsoft organizations?
The integration will take place throughout the remainder of fiscal year 2006. Chris Randles, chairman and CEO of Mathsoft along with key members of Mathsoft executive management staff, will be focused on helping to integrate the businesses in a way that ensures Mathsoft is positioned to continue its track record of delivering industry leading products and customer value. Mathsoft’s sales and services teams will provide support to Mathsoft accounts. Account management for joint customers will be determined based on customer needs. As we integrate the businesses in the coming months, more details will be provided to PTC and Mathsoft customers.