Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Schneider Electric expands its software portfolio! Plans to spend over $20 billion to acquire American engineering software developer PTC (PTC.US)

Schneider Electric expands its software portfolio! Plans to spend over $20 billion to acquire American engineering software developer PTC (PTC.US)

智通财经智通财经2026/10/05 02:26
Show original

According to Golden Ten Data, Schneider Electric is reportedly nearing a deal to acquire U.S. engineering software developer PTC (PTC.US) for over 20 billions USD, according to a source familiar with the matter. The source stated that the deal could be announced as early as Monday morning, but negotiations between the two companies are ongoing and there is no guarantee that a final agreement will be reached.

According to Golden Ten Data, Schneider Electric is reportedly close to reaching a deal to acquire US engineering software developer PTC (PTC.US) for more than $20 billion, according to a person familiar with the matter. The source added that the deal could be announced as early as Monday morning, but discussions between the two companies are still ongoing, and it is not yet certain that a final agreement will be reached.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US Stock Market Movement | Qualcomm (QCOM.US) surges over 4% in pre-market trading after reaching a multi-year patent licensing agreement with Huawei

According to information from Zhitong Finance APP, Huawei and Qualcomm (QCOM.US) announced on Monday that they have reached a multi-year, comprehensive patent licensing agreement. The agreement includes cross-licensing of the two parties' patent portfolios in several fields such as 5G, computing, artificial intelligence, and networking, as well as Qualcomm acquiring a portion of Huawei's US patents. The transaction will be completed upon obtaining the necessary regulatory approvals. As of press time, Qualcomm's pre-market shares have risen by more than 4%.

智通财经•2026/10/05 08:46

Saudi Aramco explores new crude oil export routes and overseas storage facilities

The CEO of Saudi Aramco stated that the company is exploring the addition of new crude oil export routes and expanding overseas storage facilities to address short-term supply disruptions.

智通财经•2026/10/05 08:46

Spot gold breaks through $4,170 per ounce, up 0.75% intraday.

Spot gold has just surpassed the $4170.00/oz level, currently trading at $4170.13/oz, up 0.75% for the day; the main COMEX gold futures contract is now quoted at $4198.80/oz, up 0.88% on the day.

智通财经•2026/10/05 08:45

Saudi Aramco CEO: Global oil supply buffers are worryingly thin

Saudi Aramco CEO Amin Nasser stated that the global oil supply buffer is “worryingly thin.” He noted that current commercial crude oil inventories are less than 6 billion barrels, with the vast majority essentially inaccessible. He said that while emergency reserves may help us get through the winter, they cannot solve long-term supply issues. Until the Strait of Hormuz is fully reopened and market confidence is restored, the pressures on crude oil and refined product prices will intensify. He added that these inventories have offset more than 1 billion barrels of lost oil supply, with most of that coming from onshore commercial stocks, which are now “the only major tool left in the toolbox.” He mentioned that the total crude oil supply has dropped by nearly 3 billion barrels, about half of the normal amount transported through the Strait of Hormuz. Nasser also pointed out that at the time the world was in crisis, oil inventories stood at nearly 10 billion barrels. He indicated that it might take up to two years to replenish stocks while meeting ongoing demand. Nasser further stated that seaborne shipping has been severely impacted, and the supply chain is currently under significant strain.

智通财经•2026/10/05 08:36