Schneider Electric said on Monday, October 5, that it will buy PTC for $205 per share in cash. That values PTC’s shares at about $22.6 billion, or $23.7 billion including debt. The deal is expected to close by the third quarter of 2027.
New to this? Read it in simple words
- Schneider Electric will buy the US software company PTC.
- It pays $205 per share in cash, about $22.6 billion in total.
- Schneider says the deal is a bet on AI for factories and machines.
- Shareholders and regulators still have to approve it.
- Enterprise value
- A company’s price including its debt.
- Premium
- How much more than the market price a buyer pays.
- Digital thread
- Linked data about a product, from design to repair.
The deal
Schneider will pay $205 per share in cash, a 42.3% premium to PTC’s last closing price, the companies said.
That values PTC’s shares at about $22.6 billion. Including debt, the enterprise value is $23.7 billion.
Schneider will pay with about €5 to 6 billion of new shares and new debt. Morgan Stanley and Société Générale back a bridge loan.
From Schneider Electric’s announcement of October 5, with Reuters and Techzine.
Why Schneider says it wants PTC
Chief executive Olivier Blum said the deal will create a “digital thread for the next generation of Industrial AI”.
Schneider says AI is moving into physical products and machines, and that PTC’s product data gives AI agents the context they need.
“Together, we are creating the industry’s most complete Software & AI powerhouse,” Blum said, Techzine reports.
What comes next
Both boards approved the deal. A majority of PTC’s shareholders and the required regulators must still approve it.
Schneider expects €250 million a year in cost savings by year three and about €800 million in extra sales. These are company forecasts.
Early reports put the deal at “about $20 billion”. The final figures come from the companies’ announcement.
Sources
Every fact in this story comes from the sources below. Open them to check our work.
- 1Primary source · October 5, 2026Schneider Electric to acquire PTC, creating the next level of energy and industrial intelligence Schneider Electric
- 2Research · October 5, 2026Schneider Electric to buy PTC in $22.6 billion all-cash deal Reuters, via Euronext
- 3
Some headlines give $23.7 billion: that is the enterprise value, which includes debt, so we give both figures. The case for AI is Schneider’s own.
Schneider Electric’s $22.6 billion deal to buy PTC is money between companies, with no effect on people shown. How we rate the mood