Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/b39068fe368c29fac07470cc091d036237d975ca" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Schneider Electric to Acquire PTC in All-Cash Deal"></iframe>