Schneider Said to Near Deal to Buy PTC for More Than $20 Billion

Bloomberg 2026-10-04 20:47:02

Context: Schneider Electric SE is close to finalizing a major acquisition deal with PTC Inc., a US-based engineering software developer. The deal is expected to be valued at over $20 billion. This high-stakes acquisition is set to significantly expand Schneider's presence in the engineering software sector.

Key Facts

Schneider Electric SE is nearing a deal to acquire PTC Inc. for more than $20 billion.
PTC Inc. is a US-based engineering software developer.
The deal was reported by a source familiar with the matter.

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