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SiliconANGLEValley

Schneider Electric to buy engineering software giant PTC for $23.7B

October 5

Schneider Electric Inc., one of the world’s largest industrial companies, today announced plans to acquire PTC Inc. for $23.7 billion. The all-cash deal values the software maker at $205 per share.

Models & releasesFunding & dealsNASDAQ:PTC
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