PTC and RE’FLEKT Reach Agreement to Grow PTC’s Vuforia Augmented Reality Business in Europe

Author photo: Inderpreet Shoker
ByInderpreet Shoker
Acquisition or Partnership

Augmented RealityPTC announced that it has reached agreement with RE’FLEKT, a leading provider of enterprise augmented reality (AR) software and remote guidance solutions, to acquire RE’FLEKT intellectual property and to have RE’FLEKT’s founders and other individual talent join PTC’s Vuforia business unit. The agreement expands PTC’s AR technical expertise and go-to-market organization, with an emphasis on the European market.

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