PTC buys Axeda its second acqusition for the industrial internet of things

by tech on July 24, 2014

PTC, a supply chain management software company has become a surprise buyer of industrial internet companies. Today it said it would buy Axeda in a deal valued at $170 million.

PTC buys Axeda its second acqusition for the industrial internet of things originally published by Gigaom, © copyright 2014.

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