PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and service advantage. PTC's technology solutions help customers transform the way they create, operate, and service products for a smart, connected world. Founded in 1985, PTC employs approximately 6,000 professionals serving more than 28,000 businesses in rapidly-evolving, globally-distributed manufacturing industries worldwide. Get more information at www.PTC.com.
Forward Looking Statements and Risks
Statements in this press release about the expected timing and completion of the acquisition, the opportunities created for us and our customers by the proposed acquisition and the Internet of Things, and the expected revenue contribution from Axeda in FY’15 are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include the following: regulatory approvals may not be received when expected and/or at all and closing conditions may not be satisfied when expected or at all, resulting in a delay in closing or an inability to complete the acquisition of Axeda; customers may not adopt our IoT solutions when or at the rates we expect; we may be unable to operate the Axeda business to generate the expected revenue; any technology leadership position we attain may not generate the revenue we expect; and the opportunities expected to be created by the Internet of Things may not materialize as quickly or as we or others expect; as well as other risks and uncertainties described in reports we file with the Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.
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