NEWS COMMENTARY

PTC acquires Frustum- case in point and there might be more acquisitions to come

Published:
November 27, 2018
Services:
Chemicals More...
Activities:
Acquisition
Very important

PTC acquires generative design (GD) startup Frustum for $70 million. Interestingly, we published an insight based on a conversation with Lux Capital the week before this news, in which we argued the comings of such acquisitions because of GD startups' dependency on large software companies' users. Unless they come up with a standalone strategy, GD startups' most promising exit would be through an acquisition at a relatively early stage. Therefore, it would be hard to imagine a deal over $100 million (another data point, Within was acquired by Autodesk for $ 88.4 million). Lastly and also interestingly, Frustum's lead investor is Siemens and it has licensed Frustum's key technology. And yet, PTC is the acquirer, not Siemens.

For the original news article, click here .


Further Reading

Ginkgo Bioworks to go public via $17.5 billion SPAC deal

News Commentary | May 13, 2021

Backed by Harry Sloan and Jeff Sagansky, this merger with Soaring Eagle Acquisition will give Ginkgo a pre‑money equity valuation of $15 billion, with an additional $2.5 billion for the combined entity – one of the biggest SPAC deals in recent times. This news comes on the heels of Zymergen's IPO ... To read more, click here.

Sequoia's new fund structure is good deal for investors; impact for entrepreneurs or corporate innovators is TBD – but likely not large

News Commentary | October 26, 2021

Famed venture firm Sequoia Capital is reorganizing to have one open‑ended parent "Sequoia Fund" over a variety of subfunds, some of which will remain typical closed‑ended venture funds while others invest in public markets or assets like crypto or pursue new models like registered investment ... To read more, click here.

Investment Trends: Quantum sensors

Analyst Insight | April 22, 2022

In our year‑end review “Digital's 2021 Year in Review: Foundational Technologies," we discussed key technological trends seen in 2021. Quantum computing was one such technology we discussed that continues to garner interest, despite being at a very early stage of development. Quantum sensors utilize... Not part of subscription