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PTC to acquire Arbortext in $190m cash deal

Company calls buy a 'growth accelerator'

By Robert Weisman
Globe Staff / July 7, 2005

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PTC, a Needham maker of software that helps companies design products like cars and jumbo jets, yesterday said it had agreed to pay $190 million in cash to buy Arbortext Inc., a company that publishes manuals and other information about many of the same products. (Full article: 482 words)

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