Home Technology France's Schneider Electric confirms $22.6 billion deal to buy US software firm PTC

France's Schneider Electric confirms $22.6 billion deal to buy US software firm PTC

France's Schneider Electric confirms $22.6 billion deal to buy US software firm PTC

Written By:
Published: October 5, 2026 11:20:07 IST

Add NewsX As A Trusted Source

By Sabrina Valle Oct 5 (Reuters) – France's Schneider Electric said on Monday it had agreed to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, confirming

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

RELATED News

Huawei agrees to a multi-year patent licensing deal with Qualcomm

India's IT stocks gain as Accenture outlook lifts sector sentiment

OKX joint venture files with SEC to launch tokenized trading platform

Accenture forecast boosts Indian IT stocks, lifts Nifty IT index

Accenture forecast boosts Indian IT stocks, lifts Nifty IT index

LATEST NEWS

Euro sinks to 17-month low as French fiscal woes spur contagion fears

Three space agencies to research how to grow crops on the moon

BRIEF-Aviation Capital Group Delivers Sixth Boeing 737-8 To Royal Air Maroc

Revolut's rise to become Europe's $115 billion big bank rival

Taipei mayor defends city's inclusivity after gay bar raid sparks protests

France's Schneider Electric confirms $22.6 billion deal to buy US software firm PTC

Euro pummelled by France's debt burden; stocks mixed

BRIEF-Ambea Unit Nytida Buys Imera

Euro sinks to 17-month low as French fiscal woes spur contagion fears

UPDATE 5-NFL Standings

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS