Hogan Lovells advises PTC on the acquisition of Intland Software

Hogan Lovells advises PTC on the acquisition of Intland Software

Press releases | 06 May 2022

Led by Munich partners Nikolas Zirngibl and Tobias Kahnert, international law firm Hogan Lovells has advised US technology company PTC Inc. on the acquisition of Intland Software GmbH. The transaction volume amounts to approximately USD280 million.

Stuttgart-based Intland develops and markets the Codebeamer™ Application Lifecycle Management (ALM) family of software products, including a next-generation, cloud-ready, fully integrated offering. The award-winning ALM solution supports agile software development and provides customers with requirements-, risk-, and test-management capabilities, among others.

The acquisition is expected to significantly broaden and strengthen PTC's ALM footprint across safety-critical and regulated industries and enable PTC to further support its customers’ efforts to incorporate sophisticated software systems into their products. 

The transaction closed on April 29, 2022.

Hogan Lovells team for PTC Inc.

Dr Nikolas Zirngibl (Partner), Dr Tobias Kahnert (Partner), Martin Schunke (Senior Associate), Kilian Pfahl, Johannes Adam (Associates) (all Corporate/ M&A, Munich);

Dr Christoph Wünschmann (Partner), Dr Dennis Cukurov (Associate) (both Antitrust/ Regulatory, Munich);

Dr Falk Schöning (Partner, Antitrust, Brussels);

Dr Martin Pflüger (Partner), Ewgeni Polozov (Associate) (both Intellectual Property, Munich);

Dr Falk Loose (Partner, Tax, Munich); 

Dr Tim Joppich (Partner), Dr Justus Frank (Senior Associate), Annika Weber (Associate) (all Employment, Dusseldorf).

Hogan Lovells Hungary Partos & Noblet

Sándor Békési, József Ferenczi, Péter Gyurkó, Gábor Kószó, Petra Kovács, Emese Mező, Zoltán Molnár, András Multas, Judit Szaszkó

PTC Inc. Inhouse Team

Dr. Tobias Broda, LL.M., Senior Vice President, EMEA Counsel

Michael Goldstein, Senior Director Legal EMEA

Manuel Krahl, Vice President Legal EMEA

Axel Heltzel, Director, EMEA Corporate Counsel