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Schneider Electric to Acquire PTC in All-Cash Deal

Bloomberg Technology Monday 05 October 2026, 05:48 UTC 1 min read
Key Points

Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation.

Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
Schneider Electric (ORG) US (LOCATION) French (ORG) PTC (ORG) Bloomberg (ORG) Manuel Baigorri (PERSON)
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