{
  "id": 12000475,
  "title": "Schneider Electric close to $20 bln deal of U.S. software maker PTC - report",
  "url": "https://urgent.news/2026/10/04/schneider-electric-close-to-20-bln-deal-of-u-s-software-maker-ptc",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-04T20:28:14.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/schneider-electric-close-to-20-bln-deal-of-us-software-maker-ptc--report-4930953"
  },
  "original_language": "en",
  "account": "France-based Schneider Electric is reportedly nearing a $20 billion acquisition of U.S. industrial software company PTC, according to a report from the Financial Times. Sources familiar with the negotiations suggest the deal could be announced as early as Monday, though talks are still ongoing and could potentially collapse. PTC, headquartered in Boston, has a market value of around $15.6 billion, as per LSEG data. The company boosted its annual revenue forecast in July, citing robust demand for its industrial software and AI solutions. This potential acquisition would mark Schneider's latest effort to grow its software and digital divisions. In addition to the PTC deal, Schneider is also considering the purchase of Bulgarian smart-home equipment manufacturer Shelly Group. The company is offering €70 per share for Shelly, which values the company at approximately €1.27 billion. Schneider's offer for Shelly includes a 4% premium over the share price before the announcement and is contingent upon securing at least 95% of the company's shares and obtaining regulatory approvals.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Financial Times",
        "title": "Schneider Electric nears deal to buy software group PTC for $20bn",
        "url": "https://urgent.news/2026/10/04/schneider-electric-nears-deal-to-buy-software-group-ptc-for-20bn",
        "published": "2026-10-04T19:33:33.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "France’s Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports",
        "url": "https://urgent.news/2026/10/04/frances-schneider-electric-nears-20-billion-deal-to-buy-us-software",
        "published": "2026-10-04T19:49:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}