https://www.live-feeds.com/feed/schneider-electric-to-buy-software-maker-ptc-for-22-6-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/schneider-electric-to-buy-software-maker-ptc-for-22-6-billionhttps://www.live-feeds.com/feed/schneider-electric-to-buy-software-maker-ptc-for-22-6-billion#u113390Sat, 10 Oct 2026 08:30:33 +0000French industrial giant Schneider Electric has agreed to acquire US software maker PTC in an all-cash deal valued at $22.6 billion. The acquisition represents the largest-ever purchase for Schneider Electric, combining its energy management and data center cooling equipment with PTC's computer-aided design and industrial process software. According to the companies, the transaction aims to build a scaled, interoperable industrial software and artificial intelligence franchise. PTC shares surged following the announcement of the agreement, which positions Schneider to capture a larger shar