AIQuartzabout 2 hours ago
Schneider Electric Buys Industrial Software Maker PTC
2 min read
Schneider Electric agreed to acquire industrial software maker PTC in an all-cash deal valued at $22.6 billion. The transaction, announced Monday, creates a combined entity with over 30,000 customers and aims to form the industry's most complete Software & AI powerhouse by closing in the third quarter of 2027.
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