PTC plans on buying CoCreate for US$250 million from HBK Investments of Dallas TX. Overpriced? Perhaps. But here's the fallout: -- non-history-based 3D MCAD modeling is now for real. -- expect Dassault and Autodesk to make reactionary acquisitions. -- SpaceClaim would be cheap, probably pick it up for under $25 million, the kind of price tag Carl Bass likes. Update Just as editor Martyn Day notes that PTC can no longer claim to have the only unified CAD solution that scales from desktop to enterprise, the company provides this spin: PTC recognizes that there is a broad range of accepted... Read more →
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