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PTC acquires NetIdeas

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Marlton-based NetIdeas has been acquired by Massachusetts-based manufacturing and servicing efficiency company PTC. Financial terms of the acquisition were not disclosed.

NetIdeas is a provider of software hosting and technical consulting services. According to the announcement, it has worked with PTC for more than a decade to provide secure, reliable hosting environments for companies that require turn-key product lifecycle management applications to support their operations.

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