قالب وردپرس درنا توس
Home / Tips and Tricks / Vuforia Parent PTC goes all-in for 3D content creation with the $ 470 million acquisition of the Onshape CAD platform. «Next Reality

Vuforia Parent PTC goes all-in for 3D content creation with the $ 470 million acquisition of the Onshape CAD platform. «Next Reality



There is a direct correlation between the proliferation of augmented reality apps and the demand for 3D content. PTC figured this only in US dollars.

On Wednesday, the company committed $ 470 million to acquire Onshape, a manufacturer of computer-aided design (CAD) software that has funded more than $ 150 million and more than 5,000 subscribers since its inception in 2012 Has. Barclays advised PTC on the acquisition.

Onshape provides its platform with recurring revenue streams through the Software-as-a-Service (SaaS) model in addition to existing CAD offerings that provide customers with easy-to-implement CAD capabilities and give users access to everyone's software Desktop or mobile device.

"Today we see small and mid-size CAD customers in The fast-growing part of the CAD market is shifting its interest towards SaaS delivery models, and we expect the interest of larger customers to increase over time," said Jim Heppelmann, President and CEO of PTC, in a statement . "The acquisition of Onshape complements our local business with the industry's only proven, scalable, pure SaaS platform that will open new growth opportunities for CAD and PLM and position PTC as a leader in the transition to the SaaS model."

The software also includes data management and collaboration capabilities that enable large teams of designers and developers to more efficiently create content. Think of it as Google Docs, where users can edit the same file in a live flow.

Onshape will operate as a business unit within PTC, as does Vuforia, the popular augmented reality platform acquired by Qualcomm's PTC 2015, for $ 65 million.

"PTC has built a reputation for successfully driving new innovations that drive business growth," said Heppelmann.


Source link