Schneider Electric nearing $20bn-plus deal to buy PTC

· Finance · United States · France

Schneider Electric is nearing an agreement to acquire US engineering software developer PTC for more than $20 billion, according to a person familiar with the matter. A completed deal would be one of the largest software acquisitions by an industrial group and would reshape competition in industrial design and engineering software.

Why it matters：It signals accelerated consolidation between industrial automation and software, as manufacturers buy design and engineering tools to compete in digital and AI-driven production.

Key points

  • PTC is described as a US-based engineering software developer.
  • The reported price is more than $20 billion.
  • A source familiar with the matter said a deal is near.

Sources (original reporting)

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