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Schneider Electric to acquire PTC in all-cash deal
Schneider Electric and PTC signed a definitive agreement for Schneider to acquire PTC for $205 per share in cash, valuing PTC's equity at approximately $22.6 billion. Closing is anticipated by Q3 2027, subject to PTC shareholder and regulatory approvals.
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Exhibit 99.1 Schneider Electric to acquire PTC, creating the next level of Energy and Industrial Intelligence Rueil-Malmaison, France and Boston, United States — October 5, 2026 — Schneider Electric, a global energy technology leader, and PTC Inc. (“PTC”) (NASDAQ: PTC), a leader in complex industrial product design, engineering and data management, today announced that they have signed a definitive agreement under which Schneider Electric will acquire PTC (“the transaction”). Key Highlights • All-cash acquisition at $205 per share for 100% of the share…