MoneySchneider Electric · PTC
Schneider Electric is buying PTC for $22.6bn, its largest deal ever
42.3%premium, all cash, at $205 a share
Schneider Electric agreed to buy PTC, the Boston industrial software company, for about $22.6 billion in cash. At $205 a share that is a 42.3% premium, and an enterprise value near $23.7 billion. It is funded with $5bn to $6bn of equity and $16bn to $17bn of debt. Closing is expected by the third quarter of 2027. This is Schneider's third industrial software deal after Aveva in 2023 and Cognite in June, all aimed at the data industrial AI needs.