https://www.live-feeds.com/feed/schneider-said-to-near-deal-to-buy-ptc-for-more-than-20-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/schneider-said-to-near-deal-to-buy-ptc-for-more-than-20-billionhttps://www.live-feeds.com/feed/schneider-said-to-near-deal-to-buy-ptc-for-more-than-20-billion#u108203Wed, 07 Oct 2026 08:11:46 +0000France-based Schneider Electric has agreed to acquire United States industrial software group PTC in an all-cash deal valued at $22.6 billion. The acquisition expands Schneider Electric's industrial artificial intelligence business and puts industrial software and automation stocks in sharp focus. PTC shares soared more than thirty-five percent following the announcement of the agreement. Initial reports indicated talks were nearing a twenty billion dollar threshold before the final acquisition price was confirmed at twenty-two billion six hundred million dollars.Why it mattersThe acquisi