The company is building new business and has announced a parallel track for the latest acquisition Onshape. PTC issued an optimistic release for the fiscal first quarter 2020. The company came through a rough 2019 with problems in its channel and problems converting customers to the subscription at the expected rate. The company said it knew about the problem and that they’ve … [Read more...] about PTC says look for growth in 2020
OnShape
PTC acquires Onshape, ends quarter on a high note
Two companies with long histories come together for a new future. It’s been a busy fall in the design and engineering industry, but PTC and Onshape still managed to shake up the industry. PTC announced plans to acquire Onshape for $470 in cash. PTC used its financial call to talk about the acquisition. In his opening remarks, Heppelmann said the deal is part of a “near era … [Read more...] about PTC acquires Onshape, ends quarter on a high note
Onshape grows in numbers and in reach
Onshape's new add-ons and tools run on its cloud-based architecture without slowing down the user. Onshape has announced the addition of two new add-ons for its cloud-based CAD design tool: SIMSolid Cloud and VisualCAMc by MecSoft. They were launched at the Pacific Design and Manufacturing Show, which was going on at the same time as Solidworks World. SIMSolid Cloud is … [Read more...] about Onshape grows in numbers and in reach
ODA Teigha to introduce version history to .dwg
The Open Design Alliance returns to Prague for a third straight year to introduce new technology to its member companies. The Open Design Alliance (ODA) announced today it will return to Prague for the Teigha Developer Conference 2017, September 11-12. New versioning technology is scheduled to be unveiled to ODA members. “Our new version history support for .dwg files is … [Read more...] about ODA Teigha to introduce version history to .dwg
Onshape extends its 3D cloud CAD with sheet metal design
“Simultaneous Sheet Metal” technology lets users work concurrently on flat, folded and bend table representations. Onshape today released new sheet metal design capabilities for its cloud-based mechanical CAD design system. The new tools allow creation and refinement of sheet metal parts with simultaneous generation of editable, synchronized flat, folded, and tabular views. … [Read more...] about Onshape extends its 3D cloud CAD with sheet metal design