# Schneider Electric is said to near deal to buy PTC for more than $20B — retained record

> Retained news record from news:seeking-alpha.

Canonical: https://highsignal.app/data/records/02492906153598ee

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-10-04 21:00 ingested 2026-10-05 02:56

[original source ↗](https://seekingalpha.com/news/4650045-schneider-electric-is-said-to-near-deal-to-buy-ptc-for-more-than-20b?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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M&A

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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document fetched 2026-10-05 02:56 · canonical https://seekingalpha.com/news/4650045-schneider-electric-is-said-to-near-deal-to-buy-ptc-for-more-than-20b?feed_item_type=news