Schneider Electric has agreed to buy industrial software maker PTC for $22.6 billion in cash, offering $205 per share, a 42.3% premium over PTC's last close. The deal values PTC at an enterprise value of $23.7 billion and aims to create $281 million in annual cost synergies and $900 million in revenue synergies by combining their businesses. Schneider plans to finance the $24.8 billion total cash consideration with new shares and debt, expecting the acquisition to increase adjusted earnings per share in the first full year. The deal, approved by both companies' boards, is expected to close by Q3 2027, pending shareholder and regulatory approval.
Schneider Electric's $22.6 billion acquisition of PTC provides context for the Technology sector's activity on Pluang. For readers following Technology stocks, here is Pluang's market snapshot as of Oct 05, 2026 21:11 WIB: out of 150 priced Technology-sector US stocks, 86 rose and 62 fell. Notable movers include Shopify Inc. at USD 157.95 (+4.33%), Braze Inc. at USD 26.46 (+4.09%), and Skyworks Solutions Inc. at USD 81.66 (-3.96%).
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