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PTC Signs Agreement To Sell Its Kepware Industrial Connectivity And Thingworx Internet Of Things Businesses To TPG

Author: Benzinga Newsdesk | November 05, 2025 04:34pm

PTC (NASDAQ: PTC) and TPG, a leading global alternative asset management firm, today announced a definitive agreement under which TPG will acquire PTC's Kepware® industrial connectivity and ThingWorx® Internet of Things (IoT) businesses (the "businesses").

 

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