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PTC acquires Frustum in $70 million generative design deal

Massachusetts-based software company PTC has announced the acquisition of Colorado software developer and 2018 3D Printing Industry Awards nominee Frustum, for approximately $70 million. This acquisition will add Frustum’s generative design technology to the PTC Creo CAD portfolio. “PTC is pushing the boundaries of innovation with this acquisition,” said Jim Heppelmann, President and CEO, PTC. “Creo is core to PTC’s […]

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