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Schneider Electric Acquires PTC for $22.6 Billion

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Schneider Electric has agreed to acquire industrial engineering software company PTC in an all-cash deal worth $22.6 billion. PTC owns the Vuforia augmented reality product line.

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Oct 6
  1. Auganix
    Schneider Electric to Acquire PTC, Parent of Vuforia AR Software, for $22.6 Billion

    Schneider Electric has agreed to acquire industrial engineering software company PTC in an all-cash deal worth $22.6 billion. PTC owns the Vuforia augmented reality product line.