Schneider Electric expands in AI with $22.6 billion PTC purchase
TechnologyWhat to know
- Rivals like Siemens AG are also pushing further into automation and AI for the shop floorS1
- ‘The acquisition of PTC represents an important step forward in our ambition to lead the new era of energy and industrial intelligence,’ Schneider CEO Olivier Blum said. : Schneider Electric to acquire PTC for $22.6bnS2
Timeline · newest first
3w
Thehindubusinessline
Schneider Electric expands in AI with $22.6 billion PTC purchase
Rivals like Siemens AG are also pushing further into automation and AI for the shop floor
3w
Siliconrepublic
Schneider Electric to acquire PTC for $22.6bn
‘The acquisition of PTC represents an important step forward in our ambition to lead the new era of energy and industrial intelligence,’ Schneider CEO Olivier Blum said. : Schneide…
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Published Oct 5, 2026
What to know
- Rivals like Siemens AG are also pushing further into automation and AI for the shop floorS1
- ‘The acquisition of PTC represents an important step forward in our ambition to lead the new era of energy and industrial intelligence,’ Schneider CEO Olivier Blum said. : Schneider Electric to acquire PTC for $22.6bnS2
Timeline · newest first
Sources · 2 citations
S1
Thehindubusinessline
1 report · EN
S2
SiliconrepublicLead
1 report · EN
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