Schneider Electric agrees to acquire PTC for $22.6 billion in cash

First reported by Bloomberg at · Updated · 9 sources

PTC develops industrial design and engineering software, including computer aided design tools, while Schneider Electric already offers product management software. The acquisition is Schneider’s largest, according to the Financial Times. The $205-per-share offer represents a 42% premium to PTC’s last closing price, according to Quartz.

  • Bloomberg puts the deal’s implied enterprise value at $23.7 billion.
  • Quartz says the acquisition is expected to close by Q3 2027.

Covered by 9 publishers within 18 hours of the first report.

Reporting9

Bloomberg Schneider Electric to Acquire PTC in All-Cash Deal
The Next Web Schneider Electric to buy US software maker PTC for $22.6bn in cash · Cristian Dina
Financial Times Schneider Electric to buy software group PTC for $23.7bn
The Economic Times Schneider Electric to buy US software firm PTC for $22.6 billion
Quartz Schneider Electric is buying industrial software maker PTC in a $22.6 billion deal · Cris Tolomia
Data Center Dynamics Schneider agrees purchase of US software company PTC for $22 billion
CRN Schneider Electric CEO: $22.6B PTC Deal Creates ‘Next Generation’ Of Industrial AI · mharanas@thechannelcompany.com (Mark Haranas)
SiliconANGLE Schneider Electric to buy engineering software giant PTC for $23.7B · Maria Deutscher
DigiTimes Schneider Electric's deal to buy PTC is the next step in its software push · DIGITIMES

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