Schneider Electric has reached an agreement to acquire the American company PTC, one of the world’s leading developers of software for the design of complex industrial products, engineering processes, and data management. The value of 100% of PTC’s share capital is estimated at approximately $22.6 billion (20.1 billion euros), Schneider Electric announced on October 5.
Under the terms of the deal, Schneider Electric will pay $205 in cash for each share of PTC. The proposed price is 42.3% higher than the company’s share price at the close of trading on the day before the deal was announced. The enterprise value is estimated at $23.7 billion (€21.1 billion).
The deal is expected to be a key milestone in Schneider Electric’s transformation from a manufacturer and supplier of energy and industrial technologies into a global company that integrates energy management, automation, industrial software, and artificial intelligence.
PTC specializes in software solutions for the design, manufacturing, and operation of complex industrial products. The company’s portfolio includes systems for managing product lifecycles, engineering data, and enterprise digital processes.
The integration of PTC’s technologies is intended to supplement Schneider Electric’s existing digital ecosystem with data generated as early as the product design stage. The company plans to combine this data with information from manufacturing processes, equipment, and energy systems.
This will create a unified digital environment covering the entire lifecycle of an industrial facility or product—from design and construction to operation, maintenance, and future upgrades.
Schneider Electric places particular emphasis on using integrated data to advance industrial artificial intelligence. For AI agents to operate effectively, they need not only access to large amounts of information but also an understanding of the context—including equipment design, engineering concepts, the manufacturing process, and actual operating conditions.
Following the merger with PTC and taking into account the planned acquisition of the Cognite industrial AI platform, Schneider Electric’s software division will expand significantly. According to the company’s estimates, Software & Services will account for approximately 24% of the group’s total revenue on a pro forma basis. The software business will employ over 15,000 specialists, and the number of software solution customers will exceed 50,000.
Schneider Electric expects to realize approximately 250 million euros in cost savings within three years of the transaction’s completion and estimates potential revenue synergies at approximately 800 million euros. These are expected to be driven by cross-selling, expansion of the customer base and geographic reach, as well as the joint development of solutions utilizing artificial intelligence.
The transaction is expected to close by the end of the third quarter of 2027. It has already been unanimously approved by the boards of directors of Schneider Electric and PTC, but still requires the approval of a majority of PTC’s shareholders and the necessary regulatory approvals.
What This Deal Could Mean for Ukrainian Industry
For Ukraine, the development of such solutions is particularly relevant in the context of industrial recovery and modernization. The integration of energy technologies, industrial automation, engineering software, and artificial intelligence enables companies to create digital models of production facilities as early as the design stage and then utilize the data throughout their entire operational lifecycle.
This approach can be applied during the modernization of existing enterprises and the construction of new production facilities, energy facilities, logistics, and other critical infrastructure. The digitization of engineering processes enables faster facility design, monitoring of energy consumption and equipment condition, predictive maintenance, and a reduction in the risks of unplanned downtime.
For Ukrainian enterprises, which are simultaneously facing the need to modernize equipment, improve energy efficiency, and address a shortage of qualified engineering personnel, the development of Industrial AI can become one of the tools for increasing productivity and ensuring the sustainability of production.
“It is particularly important for Ukraine that this is not simply about implementing individual digital products or artificial intelligence. We are talking about the ability to integrate the entire life cycle of an industrial facility—from engineering design to production, energy consumption, operation, and maintenance—into a single digital environment. For companies that need to modernize or, in fact, build new production facilities, this is an opportunity to immediately transition to a more modern management model,” said Mykhailo Bubnov, CEO of Schneider Electric Ukraine.
According to him, combining PTC’s engineering data with Schneider Electric’s automation and energy management technologies could be particularly relevant for Ukrainian companies with energy-intensive and complex production processes.
“In Ukraine, we see great potential for such solutions in industry, energy, infrastructure, logistics, and other sectors where the cost of equipment downtime or inefficient energy use is particularly high. Artificial intelligence in industry is meant to solve very practical problems: helping engineers make decisions faster, predict equipment condition, reduce unplanned downtime, and use energy more efficiently. As the economy recovers, it is precisely this practical impact of digitalization that will be of key importance to Ukrainian enterprises,” Bubnov emphasized.
Schneider Electric operates in the fields of energy technologies, electrification, automation, and digitalization of industry, buildings, data centers, infrastructure, and power grids. The company has approximately 160,000 employees and works with a network of about 1 million partners in more than 100 countries worldwide.
AGREEMENT, artificial intelligence, PTC, Schneider Electric, SOFTWARE
