N
The Daily Insight

Who is the CEO of Onshape?

Author

Matthew Barrera

Updated on April 03, 2026

Jon Hirschtick is EVP and President of the Software-as-a-Service (SaaS) business unit at PTC. Jon leads the team researching, developing, and managing the recently acquired SaaS product development platform, Onshape.

Who owns SolidWorks?

Dassault Systèmes
SolidWorks Corp./Parent organizations
Dassault Systèmes SOLIDWORKS Corp. offers complete 3D software tools that let you create, simulate, publish, and manage your data. SOLIDWORKS products are easy to learn and use, and work together to help you design products better, faster, and more cost-effectively.

Where does Jon Hirschtick live?

Chicago
Chicago, U.S. Jon Hirschtick is a CAD software developer, founder and former CEO of SolidWorks, a popular solid modeling 3D CAD and CAE system for Microsoft Windows, and Onshape, a cloud platform for product development that includes tools for CAD, data management, collaboration, workflow, analytics, etc.

Does PTC own Onshape?

In October 2019, Onshape agreed to be acquired by PTC. The acquisition closed in November 2019 for $470 million.

Who developed Onshape?

It was created in 2012 by two former Solidworks CEOs, John Hirschtick and John McEleney, who, along with a team of six professionals, launched the Belmont Technology program that would later be renamed Onshape.

Who makes AutoCAD?

Autodesk
AutoCAD

Developer(s)Autodesk
Initial releaseDecember 1982
Stable release2022 / March 24, 2021
Operating systemWindows, macOS, iOS, Android
Available in14 languages

What did PTC pay for Onshape?

Cloud CAD company OnShape was recently acquired by PTC for $470 million, and that actually marks it as one of the losers that couldn’t reach Unicorn status.

Why did PTC buy Onshape?

PTC said acquiring Onshape “is expected to accelerate PTC’s ability to attract new customers with a SaaS-based product offering and position the company to capitalize on the inevitable industry transition to SaaS.” Cambridge, Mass.

Is Onshape owned by PTC?

Did PTC buy Onshape?

BOSTON – November 1, 2019 – PTC (NASDAQ: PTC) today announced it has completed its acquisition of Onshape, developer of the Onshape® Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) software with powerful data management and collaboration tools.

Can you still buy AutoCAD?

The 2021, 2020, and 2019 versions of AutoCAD are no longer sold individually. The most recent release of AutoCAD is AutoCAD 2022. Learn more about what’s new in AutoCAD 2022.