Schneider Electric Falls 10.4% on $22.6B Acquisition of PTC
Schneider Electric will acquire product-design software company PTC for $22.6 billion in cash, aiming to integrate its offerings into Schneider's energy and industrial AI business.
6 billion in cash. 30am ET on October 5, 2026. The stated aim is to bring product-design software into Schneider's energy and industrial AI business.