BUSINESS● LOWOct 5 · Oct 5, 2026, 1:36 AM
France's Schneider Electric nears $20 billion deal to buy US software group PTC: Report
economictimes_indiatimes · india · global
Schneider Electric is reportedly nearing a deal to acquire US-based software company PTC for about $20 billion. The Financial Times highlighted that negotiations might result in an announcement by Monday. PTC, based in Boston, has a current market value of approximately $15.63 billion as per LSEG data. In July, the company increased its revenue forecast following strong demand for its industrial software.
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