Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Schneider Electric expands its software portfolio! Plans to spend over $20 billion to acquire American engineering software developer PTC (PTC.US)

Schneider Electric expands its software portfolio! Plans to spend over $20 billion to acquire American engineering software developer PTC (PTC.US)

智通财经智通财经2026/10/05 02:26
Show original

According to Golden Ten Data, Schneider Electric is reportedly nearing a deal to acquire U.S. engineering software developer PTC (PTC.US) for over 20 billions USD, according to a source familiar with the matter. The source stated that the deal could be announced as early as Monday morning, but negotiations between the two companies are ongoing and there is no guarantee that a final agreement will be reached.

According to Golden Ten Data, Schneider Electric is reportedly close to reaching a deal to acquire US engineering software developer PTC (PTC.US) for more than $20 billion, according to a person familiar with the matter. The source added that the deal could be announced as early as Monday morning, but discussions between the two companies are still ongoing, and it is not yet certain that a final agreement will be reached.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

European Central Bank’s Nagel says central banks have sufficient reasons to diversify into gold

ECB's Nagel: Central banks have ample reasons to diversify their assets into gold.

智通财经•2026/10/05 08:18
European Central Bank’s Nagel says central banks have sufficient reasons to diversify into gold

European Central Bank's Nagel: Eurozone inflation outlook faces mainly upside risks

European Central Bank’s Nagel: The inflation outlook in the eurozone is mainly subject to upside risks.

智通财经•2026/10/05 08:18

President of the German Central Bank: Rising government debt strengthens the rationale for central banks to increase gold holdings

(1) The President of the German Bundesbank and member of the ECB Governing Council, Joachim Nagel, stated that the rising levels of government debt provide further justification for central banks to increase their gold holdings. (2) On Monday, he said that the recent rise in global government bond yields has once again enhanced the relative attractiveness of debt securities. Meanwhile, increasing debt levels have heightened market concerns over the credit risk associated with these assets; in addition, geopolitical risks may continue to influence reserve management decisions. (3) Nagel said there are still ample reasons for central banks to further diversify into gold. (4) Germany holds the world’s second-largest gold reserves, but its holdings have remained broadly stable in recent years, while other monetary policy institutions have significantly increased their purchases.

智通财经•2026/10/05 08:06
President of the German Central Bank: Rising government debt strengthens the rationale for central banks to increase gold holdings