Mergers & Acquisitions ·
Schneider Electric agrees to acquire PTC for $205 per share in all-cash deal valuing company at $22.6 billion
PTCPtc Inc.
Schneider Electric SE has entered into a definitive Agreement and Plan of Merger to acquire PTC Inc. in an all-cash transaction valued at approximately $22.6 billion, or $205 per share. The acquisition represents a 42.3% premium to PTC's last closing price and is expected to close by the third quarter of 2027, subject to shareholder approval and regulatory clearances including Hart-Scott-Rodino and CFIUS reviews. Schneider Electric plans to fund the transaction through a combination of equity issuance and debt financing, with a committed $25 billion bridge facility in place. The deal aims to create a leading industrial software and AI franchise by combining PTC's product lifecycle management capabilities with Schneider Electric's energy intelligence platforms. PTC Inc. is a global leader in complex industrial product design, engineering, and data management software.