A new industrial software business, called Velotic, has been created by bringing together the Proficy business, formerly owned by GE Vernova, with the Kepware industrial connectivity business and the ...

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PTC has completed the previously announced sale of the company’s Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses to TPG, a global alternative asset management firm.

PTC (NASDAQ:PTC) announced that on March 16, 2026 it finalized the previously disclosed sale of its Kepware industrial connectivity unit and ThingWorx IoT platform to an affiliate of TPG in a cash ...

Divestiture of Kepware Industrial Connectivity and ThingWorx IoT businesses enables PTC to increase focus on Intelligent Product Lifecycle vision Updating post-divestiture financial guidance for FY'26 ...

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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 ...

PTC is selling off its IoT businesses, Kepware and ThingWorx, in order to hone its focus on SaaS and AI, according to CEO Neil Barua, as the conglomerate announced a sale of the operations to asset ...

The latest update is out from PTC ( (PTC)). On November 5, 2025, PTC Inc. entered into an Asset Purchase Agreement with Parrot US Buyer, L.P., an entity controlled by TPG Global, LLC, to sell its ...

This is a package to help create Python applications to conduct operations with the Kepware Configuration API. This package is designed to work with all versions of Kepware that support the ...