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.


Comments

Popular posts from this blog

Oracle JDBC ReadTimeout QueryTimeout

Generically load enum mapping via properties file