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Schneider Electric to acquire PTC for $23.7 billion

PRIVATEOct 05, 2026

Acquiring Company

Schneider Electric

Acquired Company

PTC Therapeutics

ParisSouth PlainfieldManufacturingEnergymachineryBiotechnology

Description

Schneider Electric has agreed to acquire PTC in an all-cash deal valued at $23.7 billion, significantly enhancing its software capabilities. The transaction offers PTC shareholders a premium of 42.3% at $205 per share. The deal is expected to close in the third quarter of 2027 and will be financed through equity and new debt issuance.

Company Information

Company

Schneider Electric

Location

35 Rue Joseph Monier

Paris, Ile-de-France, France

About

Schneider Electric is a global specialist in energy management and automation, committed to making energy safe, reliable, efficient, and sustainable. The company provides integrated solutions across multiple market segments. With a focus on digital transformation, Schneider Electric helps customers leverage IoT to improve efficiency and sustainability. It serves customers in more than 100 countries.

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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 global specialist in energy management and automation, committed to making energy safe, reliable, efficient, and sustainable. 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 agreed to acquire PTC in an all-cash deal valued at $23.7 billion, significantly enhancing its software capabilities. The transaction offers PTC shareholders a premium of 42.3% at $205 per share. 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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