Market Chatter: Autodesk Mulling Acquisition of PTC

MT Newswires Live

07/10

Autodesk (ADSK) is mulling the acquisition of PTC (PTC), Bloomberg reported Wednesday, citing people familiar with the matter.

Autodesk is working with advisers to explore a potential cash-and-stock deal for the engineering-software provider, sources told the media outlet.

A final decision is yet to be made, and a deal closure is not guaranteed, the people told Bloomberg.

Autodesk and PTC didn't immediately respond to requests for comments from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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