Schneider Electric to Buy PTC for $22.6 Billion
Schneider Electric has agreed to acquire U.S. industrial-software maker PTC in an all-cash deal valued at $22.6 billion, offering $205 per share, a 42% premium.
S. 6 billion, as it looks to ready its portfolio for industrial artificial intelligence. Schneider said Monday it is offering $205 a share in cash for PTC, a 42% premium.