Schoenherr and Hogan Lovells have advised PTC on its acquisition of IncQuery Group. Act Legal and Winkler, Barna & Associates reportedly advised the sellers.
Headquartered in Boston, Massachusetts, PTC is a software company that employs over 7,000 people and supports more than 30,000 customers.
IncQuery Group is a provider of digital engineering solutions for systems engineers. According to Schoenherr, the transaction further expands PTC’s expertise in application lifecycle management, systems engineering, and product lifecycle management, enhancing its support for customers across the industrial, manufacturing, and product development sectors.
The Schoenherr team included Partners Thomas Kulnigg and Christoph Haid, Attorney at Law Niklas Kerschbaumer, Associates Maximilian Czernin, Alexander Giehser, Helene Ecker, and Theresa Dabsch.
The Hogan Lovells team in Hungary included Partner Sandor Bekesi, Associated Partner Akos Kovach, Senior Associates Gabor Koszo and Zoltan Molnar, Associate Bianka Veres, Junior Associate Helga Horvath, and Trainee Lawyers Petra Kovacs, Gergely Dobos, and Eszter Szemeredy.