2026-10-06 11:41:57
Schneider Electric to Acquire PTC for $22.6B at $205/Share; PTC Up 33.5%, Schneider Down 10% on October 5
According to the joint release, on October 5, 2026, Schneider Electric agreed to acquire software company PTC in an all-cash transaction valued at approximately $22.6 billion, or $205 per share. The agreement was signed on October 4 and requires approval from PTC shareholders and regulators, with an