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Schneider Electric Announces $22.6 Billion Acquisition of PTC to Advance AI Strategy
1 day ago /
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Author：小编
French industrial giant Schneider Electric has announced that it will acquire U.S. industrial software company PTC Inc for approximately $22.6 billion in an all-cash deal, marking the largest merger and acquisition in Schneider Electric's history with a premium of over 40% above PTC's recent closing price. Executives from both companies stated that the merger will have a positive impact on business and innovation, signaling a new phase in European industrial companies' accelerated AI strategy amidst the AI wave. Following the announcement, Schneider Electric's stock price plunged sharply, recording its largest daily decline since January 2025, while PTC's U.S.-listed shares surged approximately 33.5% on the same day.
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