PTC Acquires Software Company to Boost Auto Business

The Pure-Systems acquisition supports PTC’s position and will help drive additional growth to the ALM market while enhancing customer relationships

Liz Hughes, Editor, IoT World Today

October 5, 2023

1 Min Read
Getty Images

PTC has acquired Pure-Systems, a product and software variant management solutions provider.

The two companies partnered before the acquisition and Pure-Systems’ pure variants is already integrated with and complements both PTC’s Codebeamer application lifecycle management (ALM) product and its Windchill product lifecycle management (PLM) products.

PTC says the acquisition supports its position and will help drive additional growth to the ALM market while enhancing customer relationships with automotive, aerospace and medical device manufacturers.

“The acquisition of Pure-Systems adds important functionality to our ALM suite that is critical to manufacturers around the world,” said Jim Heppelmann, PTC chairman and CEO. “Manufacturers are increasingly turning to software to differentiate their products and to create different versions of their products to address the full range of customer needs. 

“In particular, automakers that are investing heavily in software-defined vehicles require tightly integrated ALM and software variant management solutions to plan and deliver the different software configurations that power their range of vehicle offerings. We believe that the combination of Codebeamer and Pure::Variants positions PTC as one of the leading providers of software requirements, configuration, testing and validation solutions in the market.”

About the Author(s)

Liz Hughes

Editor, IoT World Today, IoT World Today

Liz Hughes is an award-winning digital media editor with more than two decades of experience in newspaper, magazine and online media industries. 

A proven digital media strategist and editor, Liz has produced content and offered editorial support and leadership for a variety of web publications, including Fast Company, NBC Boston, Street Fight, QuinStreet, WTWH Media, AOL/Patch Media and Design News.

A skilled social media strategist experienced in developing and maintaining an audience across multiple platforms and brands, Liz also enjoys sharing her knowledge and expertise to help businesses small and large.

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