Why did PTC acquire Arbortext?
PTC is constantly evaluating opportunities to grow revenue and earnings by strengthening or expanding our solutions offerings. PTC expects that Arbortext’s market-leading technology and expertise will help accelerate PTC’s growth. The acquisition will help us extend our capabilities into the area of dynamic enterprise publishing, furthering our customers’ ability to quickly and efficiently publish necessary product- or service-related information. Whether for documentation purposes or regulatory compliance, Arbortext will provide PTC customers with capabilities that will allow them to speed time-to-market and reduce the associated cost of publishing. In addition, the acquisition of Arbortext will allow PTC to expand its footprint into new vertical markets such as pharmaceuticals, financial services, publishing and government.
