Big tech’s big problem with IoT – as PTC sells Kepware, ThingWorx for up to $725m

Private equity firm TPG is to buy Kepware and ThingWorx from PTC for up to $725 million. It marks a final shift in PTC’s Industry 4.0 strategy, and a tightening of focus on its industrial PLM portfolio. The deal also revives old questions about why big tech firms fail with IoT. In sum – what […]

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