RECENT NEWS
Schneider Electric to Buy US Software Firm PTC in $22.6 Billion Deal Its Biggest Acquisition Ever
Schneider Electric has agreed to acquire US industrial software maker PTC for $22.6 billion in an all-cash deal, marking the French engineering giants largest-ever acquisition as it pushes deeper into industrial AI and software. News source: Google / Reuters: https://www.reuters.com/ Schneider Electric has struck its biggest deal ever, agreeing to buy US software company PTC in an all-cash transaction valuing PTC's equity at approximately $22.6 billion. The announcement, made on Monday, October 5, 2026, represents a significant strategic push by the French engineering giant into industrial software and artificial intelligence. "The acquisition of PTC represents an important step forward in our ambition to lead the new era of Energy and Industrial Intelligence. Together, we are creating the industry's most complete Software & AI powerhouse and highest-quality portfolio bridging the physical and digital worlds," said Schneider Electric CEO Olivier Blum. The Deal Terms Under the agreement, Schneider will pay $205 per share in cash for PTC, implying an enterprise value of $23.7 billion. The offer represents a 42.3% premium to PTC's last closing price. The transaction is ...
