Autodesk Stock Is Moving Lower: What's Happening? - Autodesk (NASDAQ:ADSK)
UNITED STATES, JUL 9 – Autodesk is evaluating a cash-and-stock offer to acquire PTC amid growing industry interest as PTC’s stock surged 17.6%, driven by demand for AI-enhanced software solutions.
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Autodesk weighs takeover of engineering software firm PTC, Bloomberg News reports
(Reuters) -Autodesk Inc is evaluating a cash-and-stock deal for rival software maker PTC, Bloomberg News reported on Wednesday, citing people familiar with the matter. Autodesk’s shares fell 2% in trading after the bell. Autodesk has been working with advisers on a potential deal, the report said, adding that Boston-based PTC is also drawing interest from other industry players. No final decision has been made and Autodesk could opt against purs…
Autodesk Stock Is Moving Lower: What's Happening? - Autodesk (NASDAQ:ADSK)
Autodesk Inc (NASDAQ:ADSK) shares are moving lower in extended trading on Wednesday following a report that the company is considering a takeover of a competing engineering-software provider. What To Know: Autodesk is working with advisors as it weighs a potential acquisition of PTC Inc (NASDAQ:PTC) in a deal that would involve a mix of cash and stock, according to Bloomberg. People familiar with the matter said PTC has also received buyer inter…
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