PTC announces availability of new Windchill product

Parametric Technology Corp., a Needham company that refers to itself as PTC, announced the availability of Windchill ProductPoint.

Windchill ProductPoint, which enables teams to share computer-aided design data and other intellectual property, aims at providing opportunities for smaller companies to "experience the benefits of product lifecycle management," a PTC area of specialization, without a huge investment, PTC said.

To read PTC's press release, please click here.
(By Chris Reidy, Globe staff)