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Schneider Electric in advanced talks to buy US-based software firm PTC for roughly $20 billion: What we know

Monday, October 5, 2026 - 20:25
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Schneider Electric in advanced talks to buy US-based software firm PTC for roughly $20 billion: What we know
France-based Schneider Electric is in advanced talks to acquire US software company PTC for nearly $20 billion. The deal would be Schneider’s largest acquisition, strengthening its industrial software portfolio as it expands through acquisitions and benefits from the AI data centre boom.

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