The Daily Free News: PTC gives $18.8 mil in-kind donation to BU Engineering Center

Technology company PTC pledged a record-setting in-kind donation of $18.8 million Friday to help Boston University officials develop BU’s new Engineering Product Innovation Center, officials said.

The center, which will open in the fall 2013 semester as part of the College of Engineering, will serve as an educational tool related to engineering and manufacturing, said BU spokesman Colin Riley.

“The College of Engineering and [ENG] Dean [Kenneth] Lutchen have received an $18 million in-kind gift in software from PTC,” Riley said. “That software is the latest and greatest in manufacturing.”

The donation is the largest ENG has ever received, Lutchen said.

“It really validates the exciting ways in which we’re going to try to educate the engineers of the future of the United States and the world and continue to innovate technologies and products,” he said.

PTC donated two types of software, Lutchen said. The first allows students to create a virtual three-dimensional design of potential products [PTC Creo], while the second allows students to manage the development and eventual manufacturing and marketing of the product [PTC Windchill].

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