Schneider Electric to Acquire PTC for $22 Billion

2026-10-06

Schneider Electric has announced a definitive agreement to acquire US software company PTC for $22 billion. The transaction is expected to enhance Schneider Electric's capabilities in digital transformation and industrial software.

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Schneider Electric has agreed to acquire US software company PTC for $22 billion. This acquisition is intended to enhance Schneider Electric's digital transformation and industrial software capabilities, including areas like digital twins and industrial automation.

Key facts

Schneider Electric has entered into a definitive agreement to purchase PTC.
The acquisition is expected to accelerate Schneider Electric's growth in digital transformation and industrial software.
PTC's product lifecycle management and internet of things software will integrate into Schneider Electric's portfolio.
The transaction aims to bolster Schneider Electric's offerings in digital twins and industrial automation.

Source: Data Center Dynamics

Reported by VERA Newswire.