Parametric Technology Corporation (Nasdaq:PMTC) announced it has acquired 4CS Solutions, Inc., a developer of warranty management and service lifecycle management software. The acquisition broadens PTC's portfolio of solutions for product support and service organizations, and supports PTC's vision for solutions that span both product and service lifecycles. 4CS was privately-held and terms of the deal were not immediately disclosed.

Parametric Technology Corporation develops, markets, and supports product lifecycle management (PLM) software solutions and services that help companies design products, manage product information, and improve product development processes worldwide.

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