Hogan Lovells advises PTC on the acquisition of pure-systems

Hogan Lovells advises PTC on the acquisition of pure-systems

Press releases | 09 October 2023

Led by partners Dr Nikolas Zirngibl and Dr Tobias Kahnert, global law firm Hogan Lovells has advised US technology company PTC Inc. on the acquisition of pure-systems, a leading provider of product and software variant management solutions.

Manufacturing companies use pure-systems’ pure::variants® solution to efficiently manage the different variations of software and systems engineering assets across their product configurations. PTC and pure-systems had partnered prior to the acquisition, and pure::variants is already integrated with and directly complements PTC’s leading Codebeamer® application lifecycle management (ALM) solution. The addition of pure-systems is expected to support PTC’s leading position in the fast-growing ALM market, drive additional ALM growth, and enhance relationships with customers in regulated industries such as automotive, aerospace, and medical device manufacturers.

Hogan Lovells has already advised PTC on various other transactions in the past.

Hogan Lovells team for PTC

Germany

Dr Nikolas Zirngibl (Partner), Dr Tobias Kahnert (Partner), Andreas Thun (Counsel), Martin Schunke, Dr Jonas Palme (Senior Associates), Johannes Adam, Vincent Ziller (Associates), Alesya Pavlynska (Business Lawyer) (Corporate/ M&A);

Dr Falk Loose (Counsel, Tax);

Dr Tim Joppich (Partner), Dr Jana Lind, Annika Weber (Associates) (Employment);

Dr Morten Petersenn (Partner), Dr Marcus Schreibauer (Partner), Sarah-Lena Kreutzmann (Counsel), Dr Michael Thiesen (Senior Associate) (Intellectual Property);

Dr Detlef Haß (Partner), Dominik Steghöfer (Senior Associate) (Litigation);

Belgium

Dr Falk Schöning (Partner), Stefan Kirwitzke (Senior Associate) (Global Regulatory);

USA

Dennis H. Tracey (Partner), Jon M. Talotta (Partner) (Litigation).

PTC Inhouse Legal

Aaron von Staats (General Counsel), Dr Tobias Broda (SVP, EMEA Counsel), Michael Goldstein (VP, EMEA Counsel), Sean McGrath (Staff Counsel, Corporate Securities)