Mergers and Acquisitions
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.