Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Paris
South PlainfieldManufacturingEnergymachineryBiotechnologyDescription
Schneider Electric has announced an all-cash acquisition agreement to acquire PTC Inc. for approximately $22.6 billion. The merger aims to combine Schneider's energy management solutions with PTC's industrial software capabilities. The deal has received unanimous approval from both corporations, signalling a strategic move to enhance digital transformation efforts. Immediate value realization for PTC shareholders is expected amidst market considerations.
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Frequently asked
Who acquired PTC Therapeutics?
PTC Therapeutics was acquired by Schneider Electric, based in Paris. The deal was reported on October 5, 2026. Schneider Electric is a multinational corporation specializing in energy management and automation solutions. Schneider Electric is privately held and operates in Manufacturing.
When did Schneider Electric acquire PTC Therapeutics?
Schneider Electric's acquisition of PTC Therapeutics was reported on October 5, 2026. Schneider Electric has announced an all-cash acquisition agreement to acquire PTC Inc. for approximately $22.6 billion. The merger aims to combine Schneider's energy management solutions with PTC's industrial software capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PTC Therapeutics do?
PTC Therapeutics is a biopharmaceutical company that engages in the discovery, development and commercialization of small-molecule drugs. It is publicly traded (PTCT), operating in Biotechnology, and is based in South Plainfield.
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