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Schneider Electric Agrees to Acquire PTC for $22.6 Billion

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Schneider Electric SE agreed to buy PTC Inc. for about $22.6 billion, further expanding its portfolio of industrial software and offerings powered by artificial intelligence.

This acquisition marks a significant move for Schneider Electric as it enhances its capabilities in the AI-driven industrial software sector.

Schneider ElectricPTC

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