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Schneider Electric to Acquire PTC for $205 a Share in €21B Industrial Software Deal
Source: marketbeat.com
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Schneider Electric agreed to acquire PTC for $205 per share in cash, implying an enterprise value of about €21 billion. Schneider said the deal is intended to expand its industrial software, artificial intelligence and digital capabilities.
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