PTC

Purdue Pharma | March 14, 2019

The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. As the company has stated, it is exploring and preparing for any number of eventualities and options, given the amount of litigation the company currently faces, Purdue Pharma spokesman Robert Josephson said in an email to T...

VentureBeat | July 30, 2019

PTC has been making its augmented reality Vuforia solutions for a while, and today it is announcing a big deal: Chip manufacturing giant GlobalFoundries has selected PTC to provide AR solutions to transform its training for chip manufacturing workers. Santa Clara, California-based GlobalFoundries will deploy AR headsets and software using Boston-based PTC‘s Vuforia software, which can do things like superimpose animations on AR glasses so that a worker can see precisely which valve to turn...

PTC | July 15, 2020

PTC today announced it has been named the Global Manufacturing Partner of the Year, for the second year in a row, in the Microsoft 2020 Partner of the Year Awards. Honored among a global field of top Microsoft partners, PTC has demonstrated excellence in innovation and implementation of customer solutions based on Microsoft technology. “We are pleased to announce that PTC has been recognized by Microsoft as the Global Manufacturing Partner of the Year for the second consecut...

ptc | August 13, 2020

As we continue to navigate through the COVID-19 pandemic, the global population finds itself in a new reality. In many cases around the world, that reality includes wearing a mask to slow the spread of the disease. With an increased demand for mouth and nose protection, self-sewn and make-shift masks have taken the place of high-quality medical grade masks, due to lack of supply. Recognizing the supply bottlenecks and oftentimes poor-quality materials in production, Strama-MPS, a division of Str...