France's Schneider Electric confirms $22.6 billion deal to buy US software firm PTC
Steady4 outlets reported this in 5 reports over 2 days
Mon, 5 October 2026peak 3 reports on Mon, 5 October 2026Tue, 6 October 2026
What it is about
Schneider ElectricPTCFranceUSOlivier BlumNeil BaruaBoston, Massachusetts, United StatesFrenchEtats-UnisBourseSiemensNorwegian
Who published it, and when
original reportfirst to report
Channel News Asia
siliconrepublic.com
Le Monde (France)
rcrwireless.com
5 Oct, 05:39over 33 hours6 Oct, 14:35
How it spread - 5 original reports
Mon, 5 October 2026
3 reports- Channel News Asia05:39first to report
- Channel News Asia05:39
- siliconrepublic.com08:12
French conglomerate Schneider Electric is to acquire US engineering software provider PTC at an equity value of around $22.6bn.
Tue, 6 October 2026
2 reports- Le Monde (France)07:30
La multinationale a annoncé lundi 5 octobre le rachat de l’éditeur de logiciels américain PTC sur la base d’une valorisation de 20,1 milliards d’euros, le plus important rachat de son histoire mouvementée. La Bourse n’a pas apprécié.
- rcrwireless.com14:35
Schneider Electric is to buy PTC for a cool $22.6bn – to consolidate its stake in the industrial AI stack, raise trust and traceability, and maybe bring networking back up the agenda...