PTC (PTC) Acquisition Off the Table for Autodesk | PTC Stock News

Author's Avatar
Jul 14, 2025
Article's Main Image

Autodesk has decided not to pursue an acquisition of PTC (PTC, Financial), according to information from people familiar with the situation. The company stated it will continue to concentrate on its strategic goals, which involve allocating resources to organic growth and targeted acquisitions, as mentioned in a regulatory filing. Factors such as the substantial acquisition cost, financial limitations, and opposition from Starboard Value likely influenced the decision to not proceed with such a significant deal.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.