Rockwell pays USD 1 bln for stake in PTC

Monday 11 June 2018 | 16:53 CET | News
Rockwell Automation will pay USD 1 billion for an 8.4 percent stake in Boston-based PTC. When the transaction completes, Rockwell Automation CEO Blake Moret will join PTC's board of directors and the two companies will combine their resources, technologies, industry expertise and market presence.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: PTC
Countries: World
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Nokia says PTC, Linux Foundation, Smart Mobile Labs and Taqtile start running on MX Industrial Edge

Published 12 Oct 2021 15:30 CET | World
Nokia has announced the expansion of the Industry 4.0 digitisation enabler application ecosystem running on its newly launched MX ...

Partnerships rondom IoT zijn niet alleen nuttig maar ook noodzakelijk

Published 19 Jul 2018 12:15 CET | World
Bedrijfsapplicatiebouwer en softwarebeheerder PTC hield in juni 2018 zijn jaarlijkse technologie-event LiveWorx in Boston. De ...

CIMPA Lab to use PTC's ThingWorx IoT platform

Published 06 Jul 2018 16:59 CET | France
PTC is making its ThingWorx IoT platform available to CIMPA, a consultancy in product lifecycle management (PLM) services, as ...

Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items