Login Register
Feed Contact Us
Invite People

Share 4Engineers with your friends and help them get started!

Emails
Enter multiple email addresses by separating it with a comma.
Advanced Search
Back
4Engineers
· Chemical Engineering Online
AI summary

Schneider Electric S.E. has signed a definitive agreement to acquire PTC Inc. in an all-cash deal valuing PTC’s equity at about $22.6 billion (€20.1 billion). Announced October 5, the transaction offers PTC shareholders $205 per share—a 42.3% premium—and targets a provider of industrial product design, engineering, and data-management software.

What impact do you think this deal will have on competition and customer choices in industrial software and automation ecosystems?

Schneider Electric to acquire software firm PTC in $22.6-billion deal

This article was originally posted on chemengonline.com.
View article ->

Schneider Electric S.E. (Rueil-Malmaison, France) has signed a definitive agreement to acquire PTC Inc. (Boston, Mass.), a provider of industrial product design, engineering and data-management software, in an all-cash deal that values PTC’s equity at about $22.6 billion (€20.1 billion), the companies announced Oct. 5. PTC shareholders will receive $205 per share, a 42.3% premium […]

The post Schneider Electric to acquire software firm PTC in $22.6-billion deal appeared first on Chemical Engineering.

Login to comment

Login

Related Conversations

Recent Conversations

Your Conversations

Report content
Reason Description