# Rockwell Automation to invest $1B in PTC Inc.

PTC Inc. agreed to sell 10,582,010 shares of its common stock to Rockwell Automation at $94.50 per share, for an aggregate purchase price of approximately $1.0 billion, as part of a strategic partnership.

- Type: Investment
- Announced: 2018-06-11
- Where: United States
- Value: $1.00B
- Status: announced
- Products: industrial software, automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [PTC](https://endata.com/companies/3113.md)
- [Rockwell Automation](https://endata.com/companies/2401.md) (investor)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/857005/000119312518188692/d599110d8k.htm), 2018-06-11: "PTC Inc. entered into a Securities Purchase Agreement with Rockwell Automation, Inc. in connection with a strategic partnership between the two parties."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.