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Schneider Electric agrees $22.6bn cash deal to buy US software maker PTC

Schneider Electric agrees $22.6bn cash deal to buy US software maker PTC

French energy technology and automation giant Schneider Electric has agreed to acquire American industrial software maker PTC in a $22.6bn all-cash transaction.

Business ·6 Oct 2026, 05:40 ·Maeve Turner 4 min read