Translating into Русский. The English version is shown until it is ready.
Schneider Electric to buy US software maker PTC for $22.6 billion
Коротко
Schneider Electric and PTC said on Oct. 5 local time that the French energy management and automation group will acquire the US industrial software maker for $22.6 billion, or $205 a share — a 42.3% premium to PTC's last close, paid entirely in cash. PTC shares rose 34.9% in New York while Schneider fell about 8% in Paris. The deal, which would add CAD and PLM software to Schneider's portfolio, is expected to close by the third quarter of 2027 subject to shareholder and regulatory approvals.
Читать полностью 2 мин чтения
Schneider Electric and PTC said on Oct. 5 local time that the French energy management and automation group will acquire the US industrial software maker for $22.6 billion, or $205 per PTC share — a 42.3% premium to PTC's most recent closing price. Schneider plans to pay the entire amount in cash, according to Yonhap's report on the joint announcement. [ 3 ]
PTC shares rose 34.9% in New York trading on the news, while Schneider fell about 8% in Paris. [ 3 ]
Jefferies said in an investor note that AI fears had driven software valuations sharply lower, allowing Schneider to buy PTC at its lowest valuation in ten years, but warned those same concerns could continue to weigh on Schneider's share price. Berenberg analyst Nay Soe Naing told Reuters the deal “looks reasonable” in an environment of weakened software-industry sentiment and suppressed corporate valuations. [ 3 ]
PTC supplies computer-aided design and product lifecycle management software to manufacturers in autos, aerospace and electronics, and Schneider plans to add CAD and PLM to its business portfolio. Maeil Business, reporting before the announcement, said PTC's software, including Creo, would complement capabilities Schneider gained through its $11 billion acquisition of UK-based AVEVA, and noted that Schneider has also agreed to buy industrial AI platform company Cognite for $3.1 billion. [ 1 , 3 ]
Earlier on Oct. 5, Maeil Business cited the Financial Times and people familiar with the matter as saying the price would be about $20 billion — below the $22.6 billion later announced — and that an agreement could be announced as early as that day. Korea Economic Daily published a headline the same evening saying the acquisition was imminent. The announced figure comes from the two companies. [ 1 , 2 , 3 ]
Completion is expected by the third quarter of 2027, subject to shareholder and regulatory approvals. Schneider is France's third-largest listed company by market capitalisation, at about 175 billion euros, with its shares up 28% this year, Maeil Business reported. The deal would be Schneider's largest acquisition to date and one of 2026's biggest cross-border transactions; only ten deals worth more than $10 billion were struck worldwide in the three months to the end of September, according to Maeil Business. [ 1 , 3 ]
Почему это важно
The transaction would be Schneider Electric's largest acquisition to date and, on the documents' account, one of the biggest cross-border deals of 2026, expanding the French group from energy management and automation into industrial design and product-lifecycle software. Investor reaction was split: PTC jumped while Schneider fell, and analysts cited in the coverage tied the buying opportunity to depressed software valuations caused by AI disruption fears, a concern Jefferies said could keep weighing on Schneider's stock. Completion still depends on shareholder and regulatory approvals, so the terms announced are not final.
Ключевые факты
- Schneider Electric agreed to acquire US industrial software company PTC for $22.6 billion, or $205 per share, according to the two companies' announcement. [ 3 ]
- The $205 price is a 42.3% premium to PTC's most recent closing price, and Schneider plans to pay entirely in cash. [ 3 ]
- PTC shares rose 34.9% on the New York market after the deal was reported, while Schneider fell about 8% in Paris. [ 3 ]
- PTC supplies computer-aided design (CAD) and product lifecycle management (PLM) software to manufacturers in autos, aerospace and electronics, and Schneider plans to add those products to its portfolio. [ 1 , 3 ]
- The acquisition is expected to be completed by the third quarter of 2027, subject to shareholder and regulatory approvals. [ 3 ]
- Maeil Business reported that Schneider is France's third-largest listed company by market capitalisation, at about 175 billion euros, with its shares up 28% this year. [ 1 ]
- Before the announcement, Maeil Business, citing the Financial Times, put the deal at about $20 billion. [ 1 ]
Подтверждено несколькими источниками
- Schneider Electric agreed to acquire PTC, with the two companies announcing the agreement on Oct. 5 local time. [ 1 , 2 , 3 ]
- PTC is a US industrial software company whose products are used by manufacturers. [ 1 , 3 ]
- The transaction is subject to shareholder and regulatory approval and is targeted for completion by the third quarter of 2027. [ 3 ]
Пока неясно
- The value of the transaction: about $20 billion in the pre-announcement report and $22.6 billion in the companies' announcement. Maeil Business, citing the Financial Times and people familiar with the matter, reported about $20 billion for a deal not yet announced; Yonhap reported the $22.6 billion figure from the two companies' joint announcement the next day, so the earlier figure was superseded rather than contradicted.
- Whether the deal will obtain the required regulatory and shareholder approvals. The documents state only that approvals are pending and give a target closing date; no regulator or review process is named.
- Announcement details such as the exact time and place of the companies' statement. The documents say the announcement was made on Oct. 5 local time but give no time or location.
Что пишут местные СМИ
Хронология, местное время
- Maeil Business, citing the Financial Times, reports that Schneider Electric is in talks to buy PTC for about $20 billion, with an announcement possible as early as that day. [ 1 ]
- Korea Economic Daily publishes a headline saying the PTC acquisition is imminent. [ 2 ]
- The two companies announce the agreement: Schneider will acquire PTC for $22.6 billion, or $205 per share in cash. [ 3 ]
- Yonhap reports the announcement, including the premium, the market reaction and the expected closing in the third quarter of 2027. [ 3 ]