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Operator Good afternoon, ladies and gentlemen. Thank you for standing by, and welcome to the PTC 2021 Third Quarter Conference Call. [Operator Instructions] I would now like to turn the call over to Emily Walt, PTC s Senior Director of Investor Relations. Please go ahead, ma am. Emily Walt Senior Director of Investor Relations Thank you, Peter. Good afternoon, everyone, and thank you for joining us for PTC s conference call to discuss our third quarter 2021 financial results. On the call today are Jim Heppelmann, Chief Executive Officer; and Kristian Talvitie, Chief Financial Officer. Before we get started, please note that today s comments include forward-looking statements, including statements regarding future financial guidance. These forward-looking statements are subject to risks and uncertainties and involve factors that could cause actual results to differ materially from those expressed or implied by such statements.\\Additional information concerning t ....
SHARE Back in the 1990s, the casino industry unwillingly provided the seed capital to found what became one of the major providers of 3D computer-aided design software. SolidWorks Inc. got its start in 1993 thanks to capital and entrepreneurial initiative provided by Jon Hirschtick, an MIT graduate who was part of a team of students that developed a card-counting system to win huge sums of money in Las Vegas during the late 1980s and early 1990s. The group became the subject of a best-selling book and Hollywood movie, and Hirschtick used $1 million of his winnings to found SolidWorks. After selling the company to Dessault Systems SA in 1997, Hirschtick went on to co-found Onshape Inc., which was acquired by PTC Inc. in 2019 for $470 million. He’s still taking calculated risks today, this time as president of the Software-as-a-Service Division at PTC. But now his gambles are in engineering labs instead smoky casino floors. ....