This is a post by  Kassie Stumo on the EAC Site.

PTC is changing the way Creo Design software is being sold. As of January 1st, 2018 new 3D modeling software licenses for PTC’s core solutions are only available by subscription in North America.

This makes it easier for users to utilize new functionality and keep up with the latest release of PTC Creo Parametric CAD software. It also gives organizations the flexibility to choose a 3D CAD package according to specific needs at a given time, and ensures access to the latest capabilities and premium support.

Changes in PTC Creo CAD Packaging

PTC has retired and consolidated the following CAD packages into one of 4 new tiered PTC Creo Parametric Design packages: Essentials, Essentials Plus, Essentials Premium, Engineer 1, Essentials Team, Engineer 2, Engineer 3, and Engineer 4.

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