Mergers & AcquisitionsMedium•5 October 2026•
1 min read

Schneider Electric to Acquire PTC in $23.7 Billion Deal

Key Facts

1Schneider Electric agreed to acquire PTC for $205 per share.
2The total value of the acquisition deal is approximately $23.7 billion.

Schneider Electric agreed to acquire PTC for $205 per share in an all-cash transaction. Seeking Alpha reported that the total value of the acquisition is approximately $23.7 billion, as the French conglomerate moves to strengthen its industrial software portfolio.

The strategic acquisition aims to expand Schneider Electric's digital transformation offerings for its industrial clients. This expansion comes amid a global focus on engineering technologies, following data from September 28, 2026, which showed industrial production growth in key markets like India reaching 8%.