Schneider Electric To Acquire PTC For $205 Per Share In All-Cash Deal Valuing Equity At $22.6B, Funded By Equity And Debt Issuance

Schneider Electric has announced an all-cash acquisition of PTC for $205 per share, valuing PTC's equity at approximately $22.6 billion. This deal represents a 42.3% premium to PTC's last closing price and a 46.1% premium to the previous 30-trading days average share price. The acquisition is expected to create a leading industrial software and AI franchise, with anticipated annual run-rate cost synergies of €250 million by Year 3 and approximately €800 million in revenue synergies. The transaction will be funded through a combination of equity and debt issuance.