Schneider Electric to buy software group PTC for $23.7bn

Source: www.ft.com · Section: business-tech · Bias: Center · Published: Mon, 05 Oct 2026 05:56:03 GMT

Takeover is French conglomerate’s largest and enhances its products focused on manufacturers

Read the full article at www.ft.com →

The same story across the political spectrum (2 sources)

Center-Left: How Renault went from driveshafts to drones — www.ft.com
Center: This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser — www.marketwatch.com

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