Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Paris
South PlainfieldManufacturingEnergymachineryBiotechnologyDescription
Schneider Electric has signed a definitive agreement to acquire PTC in an all-cash deal valued at approximately $22.6 billion. This acquisition is aimed at enhancing Schneider Electric's expertise in industrial technology and expanding its software capabilities. PTC provides significant value with its offerings in computer-aided design and lifecycle management. The acquisition will boost Schneider Electric's position in industrial intelligence.
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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 provides integrated solutions across multiple market segments. 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 signed a definitive agreement to acquire PTC in an all-cash deal valued at approximately $22.6 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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