Schneider Electric confirms $22.6bn all-cash deal for PTC at $205 per share

Schneider Electric confirmed it will acquire software group PTC in an all-cash deal at $205 per share, valuing PTC's equity at $22.6bn, funded by equity and debt issuance. Schneider said the acquisition aims to create one of the largest industrial-software portfolios.

Detected & updated continuously · Source: Nebula