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General

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.

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Categories: General
Companies: PTC
Countries: World
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