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Schneider Electric has signed a definitive agreement to acquire PTC Inc. in an all-cash transaction valued at approximately $22.6 billion.
The deal, announced on October 5, 2026, values PTC at $205 per share, representing a 42.3% premium to the company's last closing price before the announcement. The implied enterprise value stands at $23.7 billion.
Schneider Electric, a global energy technology leader based in Rueil-Malmaison, France, described the acquisition as a step toward leading the era of Energy and Industrial Intelligence.
Olivier Blum, Chief Executive Officer of Schneider Electric, stated that the combination creates an industrial software and AI powerhouse bridging the physical and digital worlds.
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