Schneider Electric to Acquire PTC for $22.6 Billion in Cash
Filed with the SEC on · Summarized by InvestorsBot
Schneider Electric and PTC announced on October 5, 2026, that Schneider will acquire PTC for $205 per share in cash, valuing PTC’s equity at approximately $22.6 billion and representing a 42.3% premium to PTC’s prior closing price. The deal is expected to close by the third quarter of 2027, subject to PTC shareholder and regulatory approvals; Schneider expects €250 million in annual cost synergies by Year 3 and approximately €800 million in revenue synergies.