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Contracts Database

for Internet of Things

Track the pattern of service adoption by monitoring Internet of Things contract awards by your peers. Identify who are the successful vendors this industry now. Updated monthly!

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NelsonHall Report

Mergers and Acquisitions

by Mike Smart

published on Dec 23, 2015

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Report Overview:

Report Outline:

PTC has acquired Kepware for ~$100m plus an additional $18m on achievements of strategic initiatives and financial results.

Kepware is headquartered in Portland and has offices in Maine and provides software development for connectivity for the industrial automation environments for clients in more than 120 countries in manufacturing, oil and gas, building automation and power and utilities.

For the last 12-months Kepware has generated ~$20m in revenue.

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