Schneider Electric is said to near deal to buy PTC for more than $20B

source: news (news:seeking-alpha)published 2026-10-04 21:00ingested 2026-10-05 02:56

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Schneider Electric is said to near deal to buy PTC for more than $20B

Oct 04, 2026, 5:00 PM ETSchneider Electric S.E. (SBGSF) Stock, SBGSY Stock, PTC StockBy : Rob Williams, SA News Editor

Schneider Electric (SBGSF)(SBGSY) is nearing an agreement to acquire U.S. engineering software company PTC (PTC) for more than $20 billion, Bloomberg News reported, citing a person familiar with the discussions.

A transaction could be announced as early as Monday morning, the

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