Momenta Partners Welcomes Ben Tao, former PTC executive, as Strategy Partner
Posted by Doug Harp
Momenta Partners, the leading global Advisory, Talent and Ventures firm focused on Digital Industry, is pleased to announce the appointment ofBen Tao as Strategy Partner to their Advisory and Venture practice.
Mr. Tao will work with Momenta Partner’s industrial, technology and private equity clients on growth strategy and Mergers and Acquisitions (M&A) initiatives, as well as working with Momenta Ventures to expand their funds.
For the past decade, Mr. Tao was Corporate Development Vice President at PTC where he drove the industry-leading acquisition strategies as well as digital transformation efforts including areas such as Industrial Internet of Things (IIoT), Artificial Intelligence (AI), and Augmented Reality (AR). Prior to PTC, Mr. Tao was already an accomplished engineer, strategist and M&A advisor including pioneering work on Oracle's Data Warehousing engine.
According to Ben Tao, “I have always been impressed with Momenta, an extraordinarily accomplished team of former CEOs, CTOs, and CMOs from some of the most innovative Digital Industry leaders. I joined Momenta because this is an organization that has both the scale to impact the full Digital Industry value chain and the agility to effect rapid changes. I look forward to working with my Momenta colleagues to deliver breakout performance for Momenta’s advisory clients, portfolio companies, and venture fund investors.”
"We are ecstatic to have Ben Tao on our team and the value his unique mix of technologist, strategist and deal maker creates for our customers. His track record of success is unparalleled, partnering with industrial CxO’s, business unit leaders and investors in formulating technology-driven strategies, driving transformative M&A, and optimizing business value post transaction.”, said Doug Harp, Managing Partner of Momenta Partners Advisory practice.
Ken Forster, Executive Director of Momenta Partners and Momenta Ventures, added: "We are pleased to have Ben Tao working with our Venture Capital team as well. He has been the quiet, guiding hand behind some of the most meaningful exits in the IIoT space including ThingWorx. I’ve had the pleasure of working across the table from him while he was at PTC and have looked forward to this day - collectively advancing Digital Industry."
Momenta Partners encompasses leading Strategic Advisory, Talent, and Investment practices. We’re the guiding hand behind leading industrials’ IoT strategies, over 200+ IoT leadership placements, and 40+ young IoT disruptors. Schedule a free consultation to learn more about our Digital Industry practice.