CIOL:PTC acquires NC Graphics

BANGALORE: PTC, the product development company, today acquired UK-based cam software provider NC Graphics Ltd.

With this acquisition, PTC now offers an open solution to any toolmaker or company requiring high-speed precision machining Computer Aided Manufacturing (CAM) software. These companies will be able to optimize their mold and die making processes to deliver more complex products faster and with less cost, PTC said in a statement.

The acquisition of NC Graphics is in direct response to customer demand for specialized Computer Aided Manufacturing (CAM) capabilities required for molds, dies, and prototypes. With its Computer Aided Manufacturing (CAM) technology, NC Graphics delivers software for optimizing tool making and high-speed precision machining processes, a PTC statement added.

NC Graphics has more than 1,500 customers in multiple discrete manufacturing vertical markets such as aerospace, automotive, medical equipment and motorsports.

“The global economy is intensely competitive, and the design and manufacturing of mold and die tools is typically on the critical path of a new product introduction cycle,” said James Heppelmann, executive vice president software products and chief product officer, PTC. “This acquisition allows customers to work more effectively with their outsourced toolmaker partners by connecting customer CAD data with the toolmaker’s CAM system.”

Arthur Flutter, founder and managing director of NC Graphics, said, “The combination of PTC and NC Graphics will enable manufacturers to effectively manage the data and enable collaboration across multiple locations and suppliers in the supply chain to deliver better quality tools resulting in a design that can be easily manufactured.”

NC Graphics customers will be able to continue to use NC Graphics technology stand-alone or as an integral part of PTC’s Product Development System (PDS). PTC will offer the NC Graphics technology under the new product name, Pro/TOOLMAKER.

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