Velotic Appoints Former PTC President and COO Mike DiTullio to Board of Directors
Velotic today announced the appointment of Mike DiTullio, former president and chief operating officer of PTC, to its Board of Directors.
Velotic™ Launches to Shape Future of Industrial & Manufacturing Software
Velotic™ today announced its launch as a leading independent industrial software company, uniting multiple trusted platforms to advance a new era for industrial and manufacturing technology. The formation of Velotic coincides with the closings of TPG’s previously announced acquisitions of Proficy, the former manufacturing software business of GE Vernova, and PTC’s former industrial connectivity and Internet of Things (IoT) businesses. Backed by TPG, Velotic delivers a leading suite of data-driven solutions focused on improving processes by unlocking efficiency, enhancing productivity, and providing visibility across complex data and industrial operations.
