Autodesk drops potential plans to acquire PTC - report

3 hours ago 1
Autodesk Canada office in Toronto

JHVEPhoto/iStock Editorial via Getty Images

Autodesk (NASDAQ:ADSK) is no longer considering an acquisition of Boston-based software company PTC (NASDAQ:PTC), Bloomberg News reported, citing people with knowledge of the matter.

Autodesk has decided to drop its work on a potential cash-and-stock deal for PTC, the report added.

Recommended For You

More Trending News

Read Entire Article