PTC Buys Pure-Systems, Boosts ALM Offerings in Regulated Industries

• PTC is investing significantly in application lifecycle and software management acquisitions.
• Pure-Systems’ pure variants have been implemented by several prominent manufacturing organizations worldwide.
• The acquisition aids in strengthening PTC’s leadership in the application lifecycle management (ALM) domain.

Software provider PTC has acquired Pure-Systems, a specialist in product and software variant management solutions, as part of its fourth acquisition for application lifecycle management (ALM) portfolio expansion. PTC, based in Boston, has been on an acquisition spree, spending around $1.8 billion on acquisitions in the last 18 months. This acquisition aims to enhance the capabilities of PTC’s Codebeamer ALM solution. Manufacturing companies use pure-systems’ solution, pure::variants, to manage software and systems engineering asset variations across product configurations. The addition of pure-systems will support PTC’s position in the lead in the ALM market, drive additional ALM growth, and enhance relationships with customers in industries.