{
  "id": 12136280,
  "title": "Schneider Electric to buy US software firm PTC for $22.6 billion",
  "url": "https://urgent.news/2026/10/05/schneider-electric-to-buy-us-software-firm-ptc-for-22-6-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T11:12:05.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/schneider-electric-to-buy-us-software-firm-ptc-for-22-6-billion/articleshow/134702010.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "French energy and software group Schneider Electric said Monday that it would buy PTC, a US-based maker of software for industrial clients, for $22.6 billion in cash. Schneider, which makes equipment for energy systems such as data centre cooling, also offers product management software, while PTC specialises in computer aided design and other industrial processes.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "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"
      },
      {
        "outlet": "WSJ Markets",
        "title": "Schneider Electric to Buy Software Maker PTC for $22.6 Billion",
        "url": "https://urgent.news/2026/10/05/schneider-electric-to-buy-software-maker-ptc-for-22-6-billion",
        "published": "2026-10-05T06:49:00.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Schneider Electric is buying industrial software maker PTC in a $22.6 billion deal",
        "url": "https://urgent.news/2026/10/05/schneider-electric-is-buying-industrial-software-maker-ptc-in-a-22-6",
        "published": "2026-10-05T11:52:04.000Z"
      }
    ]
  },
  "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."
}