Home Business News France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

France's Schneider Electric nears $20 billion deal to acquire US software group PTC, source says

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Published: October 5, 2026 08:17:11 IST

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By Sabrina Valle Oct 4 (Reuters) – France's Schneider Electric is nearing a deal to buy US software group PTC for about $20 billion, according to a person close to the deal on Sunday. A deal may be

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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