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Autodesk weighs takeover of engineering software firm PTC, Bloomberg News reports
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Autodesk weighs takeover of engineering software firm PTC, Bloomberg News reports
Jul 9, 2025 2:01 PM

July 9 (Reuters) - Autodesk Inc ( ADSK ) is evaluating a

cash-and-stock deal for rival software maker PTC,

Bloomberg News reported on Wednesday, citing people familiar

with the matter.

Autodesk's ( ADSK ) shares fell 2% in trading after the bell.

Autodesk ( ADSK ) has been working with advisers on a potential deal,

the report said, adding that Boston-based PTC is also drawing

interest from other industry players.

No final decision has been made and Autodesk ( ADSK ) could opt

against pursuing a deal for PTC, according to the report.

Both the companies did not immediately respond to Reuters

requests for comment on the report.

Autodesk's ( ADSK ) broad portfolio of cloud-based design products is

seeing strong adoption from companies across industries ranging

from architecture to animation, while its investment in

artificial intelligence has further boosted spending.

PTC, which provides software solutions for designing,

manufacturing and servicing products across multiple sectors,

has seen a demand boost from clients seeking to upgrade their

product lineup and maintain competitive edge, alongside

companies looking to tap into the AI boom.

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