Tech Company M&A Transactions
Mathsoft Engineering & Education Acquisition
Mathsoft Engineering & Education, operating out of Needham, was acquired by PTC. PTC said the transaction price was $65 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/26/2006
Transaction Type
M&A
Amount
$65,000,000
M&A Terms
Edison Venture Fund announced that PTC (Nasdaq: PMTC) purchased Mathsoft for $65 million. Based in Cambridge, MA, Mathsoft provides software for executing and managing complex engineering calculations.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
Undisclosed
Needham, MA Undisclosed
USA
Needham, MA Undisclosed
USA
Phone
Website
Email Address
Not Recorded
Overview
Mathsoft Engineering & Education, Inc. pioneered Calculation Management solutions that protect engineering innovation, investments and intellectual capital while improving organizational efficiency and productivity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Randles
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