Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Paris
South PlainfieldManufacturingEnergymachineryBiotechnologyDescription
Schneider Electric is nearing a deal to acquire U.S. software company PTC for more than $20 billion, marking Schneider's largest acquisition to date. This move aims to strengthen Schneider’s industrial software portfolio and expand its technological capabilities. The deal could be announced soon, depending on ongoing negotiations. PTC's software solutions would enhance Schneider's presence across the industrial software sector.
Fundz sees it the moment Schneider Electric makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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 is nearing a deal to acquire U.S. software company PTC for more than $20 billion, marking Schneider's largest acquisition to date. 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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