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Schneider Electric bids $22.6B to acquire PTC

PRIVATEOct 17, 2026

Acquiring Company

Schneider Electric

Acquired Company

PTC Therapeutics

ParisSouth PlainfieldManufacturingEnergymachineryBiotechnology

Description

Schneider Electric is acquiring PTC for $22.6 billion as part of its strategy to strengthen its software offerings. This acquisition aims to create a unified platform for product design, operations, and energy management. The company also reported strong revenue growth leading to raised full-year targets. Analysts noted the potential need for a capital increase to finance the acquisition.

Company Information

Company

Schneider Electric

Location

35 Rue Joseph Monier

Paris, Ile-de-France, France

About

Schneider Electric is a multinational corporation specializing in energy management and automation solutions. The company focuses on making energy safe, reliable, efficient, and sustainable. It provides software and hardware products and services across various industries. Schneider Electric aims to drive innovation and efficiency in energy usage globally.

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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 17, 2026. Schneider Electric is a multinational corporation specializing in energy management and automation solutions. The company focuses on 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 17, 2026. Schneider Electric is acquiring PTC for $22.6 billion as part of its strategy to strengthen its software offerings. This acquisition aims to create a unified platform for product design, operations, and energy management. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.