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Schneider Electric to Buy Software Maker PTC for $22.6 Billion

Provided by Dow Jones Oct 5, 2026, 6:55:00 AM

By Adria Calatayud

France's Schneider Electric agreed to buy PTC in an all-cash deal that values the U.S. industrial-software maker at $22.6 billion.

Schneider said Monday that it offered $205 a share in cash for PTC, a 42% premium to its last closing price. PTC's board decided to recommend that the company's shareholders approve the deal.

The acquisition aims to create one of the largest industrial-software portfolios at a time when the rise of artificial intelligence is reshaping customer needs, Schneider said.

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires

October 05, 2026 02:55 ET (06:55 GMT)

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