Report
Schneider Electric reportedly in advanced talks to buy PTC for about $20 billion
Techmeme, citing the Financial Times, says a PTC deal would be Schneider Electric’s largest acquisition.
TLDR
Techmeme, citing the Financial Times, reports that Schneider Electric is in advanced talks to buy US engineering software firm PTC for about $20 billion. The deal would be Schneider Electric’s largest acquisition and could come as soon as Monday, October 5.
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