Benzinga | Sep 27, 2021 09:03AM EDT

PTC And Volvo Group Announce Digital Engineering Collaboration; Financial Details Not Disclosed

PTC(NASDAQ:PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC's products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design.