Schneider Said to Near Deal to Buy PTC for More Than $20 Billion
AI Summary
Schneider Electric is reportedly nearing an agreement to acquire US engineering software company PTC for more than $20 billion. The report cites a source familiar with the discussions, and the deal has not been confirmed in the provided description.
Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. for more than $20 billion, according to a source familiar with the matter.