ThingWorx bought by PTC for ~30x revenue

ThingWorx had ~3.5 M revenue and was bought by PTC for 112 M or ~30x revenue
Axeda had ~30 M revenue and was bought by PTC for ~170 M or ~6 x revenue

Rick Bullotta apparently ticked off the PTC executives when he publically spoke about the price the pulled out of the air.


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