BUZZ - PTC shares soar after Schneider Electric agrees to acquire PTC for $22.6 billion
路透社2026/10/05 09:38On October 5th, shares of software company PTC (PTC.O) surged by 34.6% in pre-market trading to $193.8 after France's Schneider Electric (SCHN.PA) agreed to acquire PTC in an all-cash deal valuing PTC's equity at approximately $22.6 billion. The offer price of $205 per share represents an enterprise value of $23.7 billion, a 42.3% premium over PTC’s previous closing price. According to data from London Stock Exchange Group (LSEG), this is the largest acquisition in Schneider Electric’s history. Following the agreement to acquire private AI software and industrial data provider Cognite Holding in June this year, this deal marks another significant step in SCHN’s expansion into the software sector. As of the previous day’s close, PTC shares were down 17.3% year-to-date, while SCHN’s shares had risen 17.4% for the year.
October 5 - ** Shares of software company PTC (PTC.O) rose 34.6% in pre-market trading to $193.8
** France's Schneider Electric (SCHN.PA) (link) agreed to acquire PTC in an all-cash deal that values PTC's equity at about $22.6 billion
** The offer of $205 per share corresponds to an enterprise value of $23.7 billion, representing a 42.3% premium over PTC's previous closing price
** According to data from London Stock Exchange Group (LSEG), this is Schneider Electric's largest acquisition to date
** Following its agreement in June this year to acquire private AI software and industrial data provider Cognite Holding (link), this deal continues SCHN’s push into the software sector
** As of the previous trading day close, PTC's share price had dropped 17.3% so far this year, while SCHN's share price had risen 17.4% over the same period
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