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Schneider Electric Agrees to $22.6B PTC Acquisition

Schneider Electric Agrees to $22.6B PTC Acquisition

Schneider Electric has agreed to acquire Boston-based industrial software company PTC in an all-cash transaction valuing PTC’s equity at approximately $22.6 billion. The deal would add PTC’s product design, engineering and data-management software to Schneider Electric’s industrial technology portfolio. Key Takeaways Schneider Electric agreed to acquire PTC for approximately $22.6 billion in equity value The all-cash

Schneider Electric Agrees to $22.6B PTC Acquisition

Schneider Electric Agrees to $22.6B PTC Acquisition

Schneider Electric has agreed to acquire Boston-based industrial software company PTC in an all-cash transaction valuing PTC’s equity at approximately $22.6 billion. The deal would add PTC’s product design, engineering and data-management software to Schneider Electric’s

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