Schneider Electric nears deal to buy software group PTC for $20bn

Schneider Electric is approaching a deal to acquire the US software group PTC for approximately $20 billion, according to reports from FT. This acquisition would represent the largest transaction in the history of the French group. By integrating PTC, Schneider Electric aims to significantly expand its industrial software capability, strengthening its position in the market through this strategic move to enhance its technological offerings and operational reach within the global industrial software sector.