Industrial software company (NASDAQ: PTC)
Appears in 2 stories · Last updated Nov 11, 2026
Reported fiscal 2026 results on November 4; shareholder vote on the merger not yet scheduled
Schneider Electric agreed October 5 to buy PTC, the Boston industrial software firm, for $22.6 billion in cash, or $205 a share. It is the largest acquisition in Schneider's history and a bet that software will drive its data center business.
Updated 11 hours ago
Sole-source provider of service parts planning to the Air Force through 2031
The U.S. Air Force extended its contract for PTC's Servigistics software, the tool that plans and optimizes service parts across its global supply network. The renewal, announced October 15, 2026, runs through September 2031 and keeps PTC as the sole-source provider under the ESCAPE program, the Air Force's enterprise supply chain modernization effort.
Updated Oct 18
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
