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Sputnik

France's Schneider Electric to Acquire US's PTC Inc. for $22.6Bln - Statement

NAMPA / Sputnik
2026-10-05
MOSCOW, October 5 (RIA Novosti) - French energy technology company Schneider Electric said on Monday it is set to acquire US software solutions firm PTC Inc. "Schneider Electric, a global energy technology leader, and PTC Inc. ('PTC') (NASDAQ: PTC), a leader in complex industrial product design, engineering and data management, today announced that they have signed a definitive agreement under which Schneider Electric will acquire PTC," the state......
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