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Schneider Electric to Acquire PTC for Over $20 Billion

Original: ptc

Schneider Electric has agreed to acquire PTC, the US industrial software company, in a deal valued at more than $20 billion. The move would mark one of the largest acquisitions of an industrial technology firm, giving the French electrical equipment group a bigger stake in engineering and manufacturing software as interest in industrial digitalization grows.

Why now: A major multi-billion-dollar acquisition of a prominent industrial software firm is fresh and significant business news.

Schneider ElectricPTC

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Rank over time, top of the chart is #1. 3 snapshots from 4 h ago to 3 h ago.

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