Schneider Electric

Donald Trump bought PTC before $22.6B buyout

Trump’s portfolio bought up to $1M of PTC on July 20, 77 days before Schneider Electric agreed to buy all of its stock.

Protos•Aaron Wise20h ago

Schneider Electric shares plunge on record $22.6bn PTC deal

French energy technology group Schneider Electric has signed a definitive agreement to acquire Boston-based PTC for $22.6bn (€20.1bn) to expand its industrial AI business. The French company's shares plummeted on Monday following the announcement.

Euronews5 Oct

Schneider Electric to buy PTC in $22.6 billion deal

France's Schneider Electric has today struck its biggest deal ever, agreeing to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, it said in a statement.

This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser

Schneider Electric, the maker of electrical equipment that has thrived from the AI build-out, on Monday struck a $23 billion deal to buy an industrial design software company at a bargain-basement valuation.

MarketWatch•Steve Goldstein5 Oct

Schneider Electric to buy PTC for $22.6 billion in all-cash deal

France's Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports

Schneider Electric nears deal to buy software group PTC for $20bn

Acquisition would be French group’s largest and expand its industrial software capability

Financial Times4 Oct

UAE Gender Balance Council honours winners of inaugural SDG 5 Pledge Awards

Dubai: The UAE Gender Balance Council honoured the winners of the inaugural SDG 5 Pledge Awards at a ceremony held in Dubai.

Schneider Electric nears deal for smart device firm Shelly, Bloomberg News reports

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