PTC announced on April 2, 2025, the acquisition of IncQuery Group, a company specializing in application lifecycle management (ALM) and systems engineering development and consultancy services. This acquisition is set to expand PTC's deep expertise in these critical areas.
IncQuery Group's offerings help simplify the product development process by connecting hardware and software engineering systems, fostering better collaboration across development teams, and enabling more efficient management of product data. This aligns with PTC's mission to help customers transform their engineering processes.
The acquisition strengthens PTC's focus on engineering and product development, adding expertise that will accelerate its ALM and Product Lifecycle Management (PLM) portfolio integrations. This move follows the recent release of Codebeamer 3.0 and the ongoing development of Codebeamer AI, further solidifying PTC's position in the digital engineering landscape.
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