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Old 10-31-2007, 07:39 PM
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dszostak dszostak is offline
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Thumbs up Re: PTC To Acquire Leading Product Development Software Provider CoCreate

With this acquisition, PTC embraces all the accepted approaches within (CAD and product development) – parametric (feature-based), explicit (geometry-based), derived and 2D. Any of these CAD approaches and techniques combined with the PTC Product Development System (PDS) offers customers a competitive advantage unmatched by any other vendor in the industry.

“The combination of PTC and CoCreate products will enable PTC to offer the manufacturing industry the flexibility to select the most appropriate (CAD system) for their business requirements from a financially secure, trusted worldwide product development technology leader,” said Jim Heppelmann, executive vice president and chief product officer of PTC. “Each (CAD) approach has its own advantages, and only PTC will have an objective view that allows us to map the appropriate (CAD) approach to a given customer situation, yet encase that (CAD) approach in a full product development system. In line with industry trends, we expect the majority of our (CAD) business will continue to come from our flagship parametric (feature-based) 3D CAD system, Pro/ENGINEER®. CoCreate customers who prefer an explicit (geometry-based) 3D CAD system will now have a complete product development system as a viable option.”

Read the full PTC press release.
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Last edited by dszostak; 11-14-2007 at 07:52 AM.
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