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Schneider Electric to acquire PTC , creating the next level of Energy and Industrial Intelligence October 5 , 2026 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 capital of PTC , valuing PTC's equity at approximately $ 22.6 billion ( € 20.1 billion ) . Implied Enterprise Value of $ 23.7 billion ( € 21.1 billion ) , representing a multiple of 21x EV / Adj . EBITA 2027E and 13x EV / Adj . EBITA 2027E including full run - rate synergies Represents a 42.3 % premium to the last closing price and a 46.1 % premium to the previous 30 - trading days volume - weighted average share price prior to announcement • Creates a leading , scaled , open and interoperable industrial software and Al franchise , driving business outcomes for customers from any system of design , control , data and intelligence Bridges the physical and digital worlds across the lifecycle , from design and build to operate and maintain • Establishes a unified digital thread fuelled with a contextualized Al Data Foundation across products & machines and processes & energy systems , accelerating Energy & Industrial Intelligence • Adds strong growth , high - quality recurring revenues supporting Digital Flywheel ambition , attractive margins and robust cash generation , driving compelling shareholder value creation • • € 250 million of highly executable annual run - rate cost synergies expected to be achieved by Year 3 and approximately € 800 million of expected revenue synergies Fully aligned with the capital allocation framework set out at the 2025 Capital Markets Day Olivier Blum , Chief Executive Officer of Schneider Electric , said : Neil Barua , President and CEO of PTC , said : A new Tech era of Intelligence The world is entering a new era of Energy and Industrial Intelligence , driven by the convergence of the New Energy Landscape and the acceleration of Digitalization & Al , fundamentally reshaping customer needs . As industrial Al moves beyond digital applications and is increasingly embedded in physical products and machines , processes and energy systems , new customer opportunities are created across the lifecycle . By bridging the physical and digital worlds , from design and build to operate and maintain , trusted and contextualized industrial data can increasingly be transformed into actionable intelligence and Al - driven outcomes . This delivers greater value for customers across any system of design , control , data and intelligence . PTC : a high - quality industrial software & intelligence platform bringing product design and engineering expertise PTC is a global leader in complex industrial product design , engineering and data management , serving more than 30,000 customers globally . Its leading computer - aided design ( CAD ) , product lifecycle management ( PLM ) , application lifecycle management ( ALM ) and service lifecycle management ( SLM ) capabilities help customers design complex physical products and manage their product and engineering data throughout the entire lifecycle , from initial definition and design through to service and optimization . It generated € 2.4 billion revenue and ~ 40 % Adj . EBITA margin in CY25 , with revenue and ARR expected to grow by ~ 10 % annually through 2029.2 With particular strengths in discrete and hybrid manufacturing , PTC is a high - quality industrial software and intelligence platform with strong growth , margins and cash generation . PTC complements the unique portfolio Schneider Electric has built step by step