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Schneider Electric

Schneider Electric Nears $20 Billion Takeover of Software Firm PTC

Schneider Electric Nears $20 Billion Takeover of Software Firm PTC

Schneider Electric is acquiring industrial software maker PTC in a $22.6 billion all-cash transaction, marking the largest deal in the company's history.

Business ·5 Oct 2026, 13:36 ·Maeve Turner 4 min read