International Companies

Schneider Electric to buy PTC for $22.6bn in cash

By Michele Maatouk

Date: Monday 05 Oct 2026

(Sharecast News) - Shares of France's Schneider Electric slid on Monday after it agreed to buy PTC in an all-cash deal that values the US software company's equity at around $22.6bn.
Headquartered in Boston, Massachusetts, PTC is a global software company that enables manufacturers and product companies to digitally transform...

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