Schneider Electric to acquire PTC in $22.6 billion deal
Schneider Electric has agreed to acquire PTC, a US-based industrial software company, for $22.6 billion in an all-cash transaction. The deal values PTC at $205 per share, representing a 42% premium. Schneider Electric, a French energy and software group, aims to expand its industrial software and AI operations through this acquisition.
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- ✓ Schneider Electric will acquire PTC for $22.6 billion.
- ✓ The all-cash offer is $205 per share.
- ✓ PTC is headquartered in Boston's Seaport District.
- ✓ The deal is expected to close by Q3 2027.
What changed
The definitive agreement was announced on October 5, 2026, with Schneider Electric agreeing to buy PTC for $22.6 billion.
Live updates
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Schneider Electric to acquire PTC in $22.6 billion deal
Schneider Electric has agreed to acquire PTC, a US-based industrial software company, for $22.6 billion in an all-cash transaction. The deal values PTC at $205 per share, representing a 42% premium. Schneider Electric, a French energy and software group, aims to expand its industrial software and AI operations through this acquisition.
Why it matters
This acquisition marks Schneider Electric's largest deal to date and is expected to close by Q3 2027. PTC, headquartered in Boston's Seaport District, is a leading maker of computer-aided design tools for major manufacturing companies worldwide. The deal deepens Schneider Electric's expansion into software and AI.
What is confirmed
- Schneider Electric will acquire PTC for $22.6 billion.
- The all-cash offer is $205 per share.
- PTC is headquartered in Boston's Seaport District.
- The deal is expected to close by Q3 2027.
What to watch next
- Regulatory approval for the acquisition
- Q3 2027 closing date for the deal
- Impact on PTC's operations and leadership
confidence 100%Sources used for this update (16)
- Reuters — France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says
- Bloomberg.com — Schneider Electric to Acquire PTC for More Than $20 Billion
- Barron's — PTC Stock Soars on $22.6 Billion Schneider Electric Deal. It’s a Win for Software.
- qz.com — Schneider Electric to acquire PTC in $22.6 billion deal
- The Business Journals — Schneider Electric to acquire one of state's largest public companies for $22.6B
- evertiq.com — Schneider Electric to acquire US company PTC for $22.6 billion - Evertiq
- economictimes.indiatimes.com — Schneider Electric to buy US software firm PTC for $22.6 billion
- finance.yahoo.com — Schneider Electric to acquire PTC in $22.6 billion deal
- www.bostonglobe.com — Schneider Electric, PTC agree to $22B takeover deal - The Boston Globe | New England news, weather and sp....
- www.pymnts.com — CPI | Schneider Electric Agrees to Buy PTC in $22.6 Billion Software …
- pulse2.com — Schneider Electric To Acquire PTC For $22.6 Billion - Pulse 2.0
- www.wcvb.com — Boston-based PTC to be acquired for $22.6 billion in Schneider Electric deal - WCVB
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