Autodesk shares rose 6% after a report that the company is no longer considering a purchase of rival design software maker PTC. Autodesk stated in a regulatory filing that it will focus on "targeted and tuck-in acquisitions." PTC shares fell 2%. Autodesk shares were flat for 2025, while PTC shares were up 3%.
Title: Autodesk Shelves Acquisition Plans for PTC, Focuses on Organic Growth
Autodesk Inc. has announced that it is no longer pursuing the acquisition of rival design software maker PTC Inc. The company stated in a regulatory filing that it will focus on "targeted and tuck-in acquisitions" instead of the larger deal. This decision comes after shares in Autodesk rose 6% following the report that the acquisition was no longer being considered [3].
The news was met with a 2% decline in PTC shares, which had surged by 10% after initial reports of the potential acquisition [1]. Autodesk shares were flat for the year 2025, while PTC shares were up 3% [2].
Analysts have noted that the acquisition could have provided Autodesk with cost synergies, enhanced manufacturing software capabilities, and a larger data set for artificial intelligence applications. However, the deal's potential size and complexity, as well as regulatory scrutiny, may have led to the shelving of the acquisition plans [2].
Autodesk's decision to focus on organic growth and targeted acquisitions aligns with its strategy to allocate capital to organic investment and improve margins. The company's share repurchase program will continue, indicating a commitment to shareholder value [3].
PTC Inc., founded in the 1980s, helps manufacturers design complex products. Its software is used in various industries, including aerospace and automotive, where Autodesk has limited exposure. An acquisition of PTC by Autodesk would have been one of the year's largest deals, reflecting consolidation trends in the industrial software space [1].
References:
[1] https://www.gurufocus.com/news/2967796/autodesk-considers-potential-acquisition-of-ptc-in-cashandstock-deal-ptc-stock-news
[2] https://seekingalpha.com/news/4466447-autodesks-potential-acquisition-of-ptc-provides-software-ai-benefits-analysts
[3] https://www.bloomberg.com/news/articles/2025-07-14/autodesk-is-said-to-drop-pursuit-of-software-firm-ptc
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