PTC Expands Existing Relationship with Strategic Investment in ServiceMax

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PTC (PTC) Makes Investment in Field Service Managemetn Solutions Provider ServiceMax

August 26, 2015 10:31 AM UTC

PTC (NASDAQ: PTC) announced an investment in a Series F funding for its strategic partner ServiceMax, a leading provider of field service management solutions. The investment expands PTCs relationship with ServiceMax, announced in May of this year, as well as furthers its ongoing commitment to the service lifecycle management (SLM) marketplace.

ServiceMax is a major provider of complete end-to end mobile and cloud-based technology for the field service management industry. ServiceMax creates solutions for the millions of... More