Schneider Electric Agrees to Buy PTC for $22.6 Billion in Its Biggest Deal Ever
France’s Schneider Electric struck the largest acquisition in its history on Monday, agreeing to buy Boston-based industrial software company PTC in an all-cash deal that values PTC’s equity at roughly $22.6 billion. Under the terms announced Monday, Schneider will pay $205 for every PTC share, a price that represents a 42.3 percent premium over PTC’s … Read more