{
  "id": 12005722,
  "title": "Sources: Schneider Electric is in advanced talks to buy US engineering software firm PTC for ~$20B, its largest acquisition; a deal could come as soon as Monday (Financial Times)",
  "url": "https://urgent.news/2026/10/04/sources-schneider-electric-is-in-advanced-talks-to-buy-us-engineering",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-04T21:05:12.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.ft.com/content/2084f349-0829-4130-a5e6-b98929a6e633"
  },
  "original_language": "en",
  "account": null,
  "summary": "Schneider Electric is in advanced talks to buy US engineering software firm PTC for approximately $20 billion. This would be the French conglomerate's largest acquisition. The deal could be announced as soon as Monday, according to the Financial Times.\n\nPTC, based in Boston, has a market value of about $15.6 billion. The company recently raised its annual revenue forecast, citing strong demand for its industrial software and AI tools.\n\nThe potential acquisition would enhance Schneider's products focused on manufacturers and expand its software and digital operations. Schneider is also pursuing another acquisition, of Bulgarian smart-home equipment maker Shelly Group, for €70 per share, valuing it at about €1.27 billion.",
  "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."
}