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Schneider Electric to acquire PTC for $22.6 billion
Schneider Electric has entered into a definitive agreement to acquire the US-based industrial software company PTC Inc. for approximately $22.6 billion in cash. The deal, which values PTC's equity at $22.6 billion and the total enterprise value at $23.7 billion, represents a 42.3% premium over PTC's previous closing price.
This acquisition is the largest in Schneider Electric's history and is a strategic move to bolster its industrial artificial intelligence and software capabilities. By integrating PTC's engineering and product design data with Schneider's operational and energy data, the company aims to create a unified 'digital thread' to support the next generation of industrial AI.
To fund the purchase, Schneider Electric expects to raise up to €17 billion in debt and issue up to €6 billion in new shares. The company anticipates achieving €250 million in annual cost synergies by the third year and approximately €800 million in revenue synergies. The transaction is expected to close by the third quarter of 2027, pending regulatory approvals and PTC shareholder consent.
Entities
AVEVA · Boston · Cognite · JPMorgan · Olivier Blum · PTC · PTC Inc. · PTC, Inc. · Paris · RBC · Schneider Electric · Siemens
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 12 SOURCES] The acquisition of PTC would be Schneider Electric's largest deal to date. newsable.asianetnews.com · www.energygame.gr · fourweekmba.com · www.enerzine.com · www.silicon.fr · +7 more
- [● 26 SOURCES] The acquisition is valued at approximately 22.6 billion US dollars (about 20.1 billion euros). www.finanzen.at · www.capitalradio.es · www.capital.gr · www.energygame.gr · fourweekmba.com · +17 more
- [● 26 SOURCES] Schneider Electric will pay 205 US dollars per share for PTC. www.finanzen.at · www.capitalradio.es · www.capital.gr · www.energygame.gr · fourweekmba.com · +17 more
- [● 21 SOURCES] The transaction is expected to close by the third quarter of 2027. www.finanzen.at · www.capital.gr · fourweekmba.com · www.enerzine.com · www.silicon.fr · +13 more
- [● 25 SOURCES] Schneider Electric has reached a definitive agreement to acquire the American engineering software company PTC. www.finanzen.at · www.capitalradio.es · www.capital.gr · www.energygame.gr · fourweekmba.com · +16 more
- [○ 1 SOURCE] PTC shares rose by approximately 17% in overnight trading following reports of the deal. newsable.asianetnews.com
- [● 25 SOURCES] The purchase price represents a 42 percent premium over PTC's closing price from the previous Friday. www.finanzen.at · www.capitalradio.es · www.capital.gr · www.energygame.gr · fourweekmba.com · +17 more
- [● 10 SOURCES] Schneider Electric expects 800 million euros in revenue synergies from the deal. www.finanzen.at · www.energygame.gr · stadt-bremerhaven.de · www.capital.fr · monoist.itmedia.co.jp · +2 more
- [● 9 SOURCES] The company expects to achieve 250 million euros in annual cost synergies starting in the third year. www.finanzen.at · www.energygame.gr · stadt-bremerhaven.de · www.capital.fr · monoist.itmedia.co.jp · +1 more
- [● 3 SOURCES] Schneider Electric expects to raise up to €17 billion in debt and issue up to €6 billion in new shares to fund the purchase. dailydigest.ie · www.enerzine.com · finance.technews.tw