PTC has completed the previously announced sale of the company’s Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses to TPG, a leading global alternative asset management ...

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PTC (NASDAQ:PTC) announced that on March 16, 2026 it finalized the previously disclosed sale of its Kepware industrial connectivity unit and ThingWorx IoT platform to an affiliate of TPG in a cash ...

Divestiture of Kepware Industrial Connectivity and ThingWorx IoT businesses enables PTC to increase focus on Intelligent Product Lifecycle vision Updating post-divestiture financial guidance for FY'26 ...

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When it comes to its history of military-issued dive watches, no one can match the British Royal Navy. The UK’s aquatic armed forces were issued arguably the two most desirable mil-spec divers ever ...

Congress National President Mallikarjun Kharge on Saturday chaired a meeting of the Congress Working Committee (CWC) at the All India Congress Committee (AICC) headquarters at Indira Bhawan in New ...

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PTC is selling off its IoT businesses, Kepware and ThingWorx, in order to hone its focus on SaaS and AI, according to CEO Neil Barua, as the conglomerate announced a sale of the operations to asset ...

The latest update is out from PTC ( (PTC)). On November 5, 2025, PTC Inc. entered into an Asset Purchase Agreement with Parrot US Buyer, L.P., an entity controlled by TPG Global, LLC, to sell its ...

TPG has agreed to acquire PTC’s industrial connectivity and IoT businesses. No financial terms were disclosed. Headquartered in Boston, PTC is a software company. Neil Barua serves as president and ...