PTC Acquires ioxp
PTC adds ioxp’s advanced cognitive augmented reality technology to
the Vuforia suite to further mastery of knowledge transfer, the provision of
training systems, and quality assurance for customers.
THE IOXP JOINS PTC’S AUGMENTED REALITY TEAM
PTC is widely regarded as the market leader in industrial and enterprise augmented reality, bringing to market a suite of AR content development solutions under the Vuforia brand. Headquartered in Mannheim, Germany, ioxp has established itself internationally as a pioneer in video-based augmented reality experiences, thanks to their advanced cognitive AR technology and solutions for service, production, and procedural documentation. The ioxp team around the founders, Nils Petersen, Alexander Lemken, Philipp Hasper and Jan Hirzel is excited to join PTC and see their technology advance the market-leading Vuforia suite.
Mike Campbell, EVP and General Manager, Augmented Reality Products at PTC adds, “We are excited to welcome ioxp to our team. Many customers have been looking for enhanced augmented procedural guidance with validation and verification. The addition of the ioxp technology to the Vuforia suite will help us deliver this critical functionality to customers and address an important market need.”