Question-and-Answer Session
Operator
Thank you. [Operator Instructions] Richard Davis with Needham & Co. Please ask your question
Richard Davis - Needham & Co.
Hi, thanks. With regard to CoCreate at least... and I know you haven't given complete guidance, but notionally should we assume that it will grow at least as fast as kind of the overall PTC Corporation, overall kind of think of it that way because you mentioned the cross-selling opportunities and things like that?
C. Richard Harrison - President and Chief Executive Officer
Well, I think it's probably a little bit premature to be real specific. But generally speaking, CoCreate's overall revenue has been relatively flat in the last several years. But we do see a significant PTC cross selling opportunity on top of their revenue. And we are going to provide more guidance in terms of what to expect at least for fiscal '08 as soon as the transaction closes.
Richard Davis - Needham & Co.
Got it. And then kind of harking back to the previous acquisition, with regard to Arbortext, how is that performed kind of relative to your expectations and does it make sense or do you anticipate kind of bolstering Arbortext either with technology tuck-ins or either customer footprint? And I was just kind of trying to get an update on that one.
C. Richard Harrison - President and Chief Executive Officer
So. We are really happy, Richard, with Arbortext is doing in the manufacturing space. I think we have described that about half of their business was non-manufacturing when we acquired it. That has declined and the manufacturing side of the business has grown at a faster rate. So overall, the revenue is up and as that non-manufacturing revenue shrinks to a smaller and smaller piece, we think the growth... overall growth rate is going to accelerate. So, lots of big customers have placed orders for pilots. For example, we just had United Technologies in last week; they started pilots in a couple of divisions. Big automotive company in Germany just placed an order this week for an Arbortext big pilot, big Stuttgart-based German company. And overall we're pretty happy with what Arbortext has done and I am very optimistic about where it's going.
Richard Davis - Needham & Co.
Got it.
James E. Heppelmann - Executive Vice President, Software Products and Chief Product Officer
Richard, it's Jim. On the technology tuck-in front, there are definitely a few opportunities for technology tuck-ins to built that suite out. You might remember, one of the things that attracted us to this world of technical publishing was the degree of fragmentation and point solution. So, we have acquired Arbortext that gave us some critical ingredients. We subsequently acquired the ITEDO company, which gave us a few more ingredients. By the way, that software has done really well here at PTC since the acquisition.
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