Schneider Electric is moving to acquire PTC in a roughly $20 billion deal, its largest ever, amid strong demand from datacenter infrastructure growth.
3 stories from 3 sources · since Oct 4
Schneider Electric is reported to be buying PTC, with coverage moving from advanced talks to a planned acquisition. Reported deal values range from about $20 billion to $22.6 billion, making it Schneider's largest acquisition. CIOs should watch because the deal could consolidate industrial software, reshape vendor roadmaps, and deepen software control across OT/IT and AI infrastructure.