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A new industrial software business, called Velotic, has been created by bringing together the Proficy business, formerly owned by GE Vernova, with the Kepware industrial connectivity business and the ...

The formation of Velotic coincides with the closings of TPG’s acquisitions of Proficy, the former manufacturing software business of GE Vernova, and PTC’s former industrial connectivity and Internet ...

BOSTON - PTC (NASDAQ:PTC) announced today it has completed the sale of its Kepware industrial connectivity and ThingWorx Internet of Things businesses to TPG, a global alternative asset management ...

Good evening, ladies and gentlemen. Thank you for standing by, and welcome to PTC's Investor Update Conference Call. [Operator Instructions] I would now like to turn the call over to Matt Shimao, ...

PTC (NASDAQ:PTC) announced that on March 16, 2026 it finalized the previously disclosed sale of its Kepware industrial connectivity unit and ThingWorx IoT platform to an affiliate of TPG in a cash ...

BOSTON, March 16, 2026 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced it has completed the previously announced sale of the company's Kepware ® industrial connectivity and ThingWorx ® Internet of ...

Divestiture of Kepware Industrial Connectivity and ThingWorx IoT businesses enables PTC to increase focus on Intelligent Product Lifecycle vision Updating post-divestiture financial guidance for FY'26 ...