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Schneider Electric to buy engineering software giant PTC for $23.7B

  • Maria Deutscher--SiliconANGLE News
  • published date: 2026-10-05 23:12:18 UTC

Schneider Electric Inc., one of the world’s largest industrial companies, today announced plans to acquire PTC Inc. for $23.7 billion. The all-cash deal values the software maker at $205 per share. That represents a 42.3% premium to its last closing price. PT…

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