FinanceSiliconANGLEabout 1 hour ago
Schneider Electric Buys PTC for 23.7 Billion
3 min read
Schneider Electric Inc. announced plans to acquire engineering software giant PTC Inc. for $23.7 billion in an all-cash deal valued at $205 per share. The transaction represents a 42.3% premium to the last closing price and is expected to close by the third quarter of 2027.
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