Schneider Electric to Buy PTC in $22.6 Billion Deal
The all-cash deal would make Schneider Electric’s largest acquisition and add PTC’s AI-powered software tools to its industrial software push.
- Schneider Electric announced on Monday it agreed to acquire Boston-based PTC in an all-cash deal valuing the software company's equity at around $22.6 billion, marking the largest acquisition in company history.
- This acquisition marks the largest in The French engineering company's history, continuing a strategic expansion into industrial software following its June agreement to purchase Cognite Holding, a privately held AI software provider.
- The $205-per-share offer implies an enterprise value of $23.7 billion for PTC, representing a 42.3% premium as the software company provides essential AI-powered tools for designing and manufacturing products.
- Shares of Schneider declined 4.7% on Tradegate as investors weighed the substantial premium against concerns that software businesses face AI-driven valuation pressures and uncertain growth prospects.
- While large-scale M&A often faces initial European investor skepticism, Morgan analysts noted Schneider expects the combined entity to generate about $800 million in expected revenue synergies, though valuations remain debatable.
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The French giant will spend more than 20 billion euros to get hold of the American PTC. On the Stock Exchange, the reaction is much less enthusiastic. ...
French company Schneider Electric announced on Monday that it has reached an agreement to acquire US software company PTC in an all-cash deal for $22.6 billion. Investors are not happy about the news, with the company's share price down nearly 10 percent. We will be covering similar topics at our Portfolio Investment Day conference on October 21. One of the biggest investment events of the year is coming up, where professional experts will tell …
Schneider Electric to buy US software maker PTC for $22.6bn in cash
Schneider Electric has agreed to buy PTC, a US maker of industrial design and engineering software, for about $22.6bn (€20.1bn) in cash. The French group announced the deal on Monday morning. The announcement came a day after the Financial Times first reported that the two companies were close to an agreement, at a price of about $20bn. Under […] This story continues at The Next Web
It is intended to integrate digital tools and artificial intelligence into the industrial tools developed by Schneider Electric. This acquisition will be carried out "in full cash at a price of 205 dollars per share covering 100% of the capital of PTC and valuing the equity of PTC at around 22.6 billion dollars (20.1 billion euros)", explains in a press release the French giant of electrical equipment and industrial automation.
Schneider Electric, the French electric equipment giant, has announced the signing of a final agreement for the acquisition, for 22,6...
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