Schneider Electric nears $20 billion deal to buy PTC

· Politics · France · United States

Schneider Electric is nearing a deal to acquire US-based engineering software developer PTC for more than $20 billion, according to a source familiar with the matter.

Why it matters：A deal would mark one of the year's largest industrial-software acquisitions, deepening Schneider's push into digital engineering tools.

Key points

  • PTC is a US-based engineering software developer.
  • The deal value exceeds $20 billion.
  • No final agreement has been confirmed.

Sources (original reporting)

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