Autodesk stock took a hit on July 9 after Bloomberg reported the company is weighing an acquisition of PTC. Neither side has confirmed anything, but the market reacted fast—Autodesk shares dropped nearly 6% by the end of the day.
This wouldn’t be a minor deal. PTC is a heavyweight in engineering software. And if the rumor turns out to be true, it would be Autodesk’s biggest acquisition ever—and a bold swing at reshaping the future of product development.
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