Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Paris
South PlainfieldManufacturingEnergymachineryBiotechnologyDescription
Schneider Electric has agreed to acquire PTC Corp. in a deal valued at $22.6 billion. PTC, based in Boston, is known for its computer-aided design tools and product lifecycle management software. This acquisition aims to strengthen Schneider Electric's position in the industrial software market.
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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. The company focuses on digital transformation of energy management and automation. It operates in more than 100 countries. 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 Corp. in a deal valued at $22.6 billion. PTC, based in Boston, is known for its computer-aided design tools and product lifecycle management software. 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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