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Schneider Expands in AI With $23 Billion Acquisition

Bloomberg Technology Monday 05 October 2026, 15:23 UTC 1 min read
Key Points

Bloomberg's Liana Baker discusses Schneider Electric’s roughly $23 billion cross-border acquisition of software firm PTC, describing it as the French company’s largest deal and a strategic push into industrial software. She speaks on "Bloomberg Open Interest."

Bloomberg's Liana Baker discusses Schneider Electric’s roughly $23 billion cross-border acquisition of software firm PTC, describing it as the French company’s largest deal and a strategic push into industrial software. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Schneider Expands (ORG) AI (LOCATION) Bloomberg (ORG) Liana Baker (PERSON) Schneider Electric’s (PERSON) PTC (ORG) French (ORG)
Originally published by Bloomberg Technology Read original →

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