# Schneider Expands in AI With Record $23 Billion Acquisition

https://mins.news/en/item/87192

- Bloomberg News, 2026-10-06 00:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-10-05/schneider-electric-to-acquire-ptc-for-more-than-20-billion?link_source=ta_bluesky_link&taid=6ac43a0338d4b900014a0f1e

> Schneider Electric agreed to acquire industrial software maker PTC for about $22.6 billion, its largest-ever deal, as it intensifies efforts to benefit from the artificial-intelligence boom.

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