https://www.live-feeds.com/feed/schneider-electric-to-acquire-ptc-for-more-than-20-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/schneider-electric-to-acquire-ptc-for-more-than-20-billionhttps://www.live-feeds.com/feed/schneider-electric-to-acquire-ptc-for-more-than-20-billion#u108404Wed, 07 Oct 2026 09:30:47 +0000French energy and software group Schneider Electric has signed a definitive agreement to acquire U.S. engineering software provider PTC for $22.6 billion in an all-cash transaction. PTC shares soared nearly 34 percent following the buyout announcement. The acquisition brings together Schneider, a specialist in equipment for energy systems like data center cooling and product management software, with PTC, a maker of computer-aided design and industrial process software based in Boston, Massachusetts. The combined company aims to form an open and interoperable industrial software and artificial