Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Paris
South PlainfieldManufacturingEnergymachineryBiotechnologyDescription
Schneider Electric is nearing a $20 billion deal to acquire PTC, a US software group. The acquisition discussions are currently ongoing, with a potential announcement expected soon. PTC, based in Boston, has a market value of $15.63 billion. This acquisition highlights Schneider's commitment to expanding its software capabilities.
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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 4, 2026. Schneider Electric is a global energy technology leader focused on providing solutions that enhance energy management and automation. 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 4, 2026. Schneider Electric is nearing a $20 billion deal to acquire PTC, a US software group. The acquisition discussions are currently ongoing, with a potential announcement expected soon. PTC, based in Boston, has a market value of $15.63 billion. 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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