Schneider Electric, the French energy technology company, has agreed to buy PTC Inc (NASDAQ:PTC), the Boston-based industrial software maker, for $205 a share in cash, valuing its equity at about $22.6 billion. The deal, announced on Monday, implies an enterprise value of $23.7 billion, which adds net debt to the equity price, and gives PTC shareholders a 42.3% premium to its last closing price.
France's Schneider Electric shares tumbled about 9% on Monday after the company announced plans to acquire US industrial software group PTC for $22.6 billion, with investors likely questioning the hefty premium and the debt burden needed to fund the deal. Schneider said it expects to complete the all-cash acquisition in the third quarter of 2027 at $205 per PTC share.
The CAC 40 Index has been under pressure recently, falling for eight consecutive weeks, and reaching its lowest level since March this year. It has moved into a local correction after falling by 10% from its peak.
France's Schneider Electric is nearing a deal to buy US software group PTC for about $20 billion, the Financial Times reported on Sunday citing people with knowledge of the matter.
New Software Defined MV architecture delivers up to 3× faster ordering and manufacturing, up to 2× faster commissioning, zero-downtime upgrades, and a simplified footprint with less wiring and fewer components Architecture piloted with Equinix in a live colocation data center environment LAS VEGAS, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Schneider Electric, a global energy technology leader, today u...
The acquisition of the smart-device maker combines Schneider's technology offer across residential, retrofit and small commercial buildings with Shelly's software-led home energy platform.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.