Friday, 18. May 2007
PTC Acquires NC Graphics
PTC, the Product Development Company, has plans to acquire NC Graphics. With its Computer Aided Manufacturing (CAM) technology, NC Graphics delivers software for optimising tool making and high-speed precision machining processes.
According to PTC, the acquisition is in direct response to customer demand for specialised Computer-Aided Manufacturing (CAM) capabilities required for molds, dies and prototypes.
“The global economy is intensely competitive, and the design and manufacturing of mold and die tools is typically on the critical path of a new product introduction cycle,” said James Heppelmann, executive vice president software products and chief product officer, PTC. “This acquisition allows customers to work more effectively with their outsourced toolmaker partners by connecting customer CAD data with the toolmaker’s CAM system.”