---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-014784"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:22:25.182173+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PTC acquires Intland Software for ~$280M cash to add Codebeamer ALM product suite

## Summary
- Cash purchase price of ~$280M, adjusted for cash, net debt, and working capital.
- Target develops Codebeamer ALM family, including cloud-ready integrated offering.
- Acquisition expected to close in Q3 FY2022; funded via PTC credit facility.
- W&I insurance policy of EUR50M covers business warranties; no recourse to sellers.
- Transaction subject to customary closing conditions including change of Eger Invest fiscal year.

## SEC filing metadata
- accession: 0001564590-22-014784
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000156459022014784/0001564590-22-014784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000156459022014784/ptc-8k_20220419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-014784
- JSON: https://secwatch.observer/filing/0001564590-22-014784.json
- Plain text: https://secwatch.observer/filing/0001564590-22-014784.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.