PTC Discloses $18M Restructuring Charge To Boost IoT, AR Business – CRN
PTC revealed an $18 million restructuring charge on Wednesday that the company said will allow it to invest more in the industrial Internet of Things, augmented reality and other growth opportunities. The Needham, Mass.-based industrial software company said the $18 million charge set for fiscal year 2019, which began in October, is the result of…