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Schneider Electric is buying the American company PTC for $22.6 billion, a key step in becoming a leader in energy and industrial intelligence, according to Olivier Blum.
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Schneider Electric seeks to expand its leadership in energy and industrial intelligence.
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Schneider Electric acquires American PTC for $22.6 billion
“The acquisition of PTC represents an important step in our ambition to become the leader in the new era of Energy and Industrial Intelligence,” commented Olivier Blum, CEO of Schneider Electric.
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Open Questions
- What will be the exact financial terms of the transaction?
- How will the PTC integration take place?
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PeopleOlivier Blum
This article was originally published by Le Figaro Actualités.
