Announcement ·
Schneider Electric bets $22.6 billion on PTC to speed up its shift to software
Original title, in French: “Schneider Electric mise 22,6 milliards $ sur PTC pour accélérer son virage logiciel”
- Publication
- Silicon.fr (France)
- Author
- Philippe Leroy
- Published on
- 5 October 2026 · read in the page structured data
Summary
Schneider Electric has announced the acquisition of US software vendor PTC for about $22.6 billion (€20.1 billion), its largest acquisition to date. PTC, based in Boston, employs more than 7,000 people, serves more than 30,000 customers and generated €2.4 billion in revenue in 2025. The deal aims to link the product design data brought by PTC with the operational and energy data already used by Schneider, in order to build a "digital thread" intended to feed industrial AI applications. With PTC and the pending acquisition of Cognite, Schneider Electric is targeting a software and services share of about 24% of its revenue, more than 15,000 employees dedicated to software and more than 50,000 software customers.
Summary based on the full text of the article.
Read the article on Silicon.fr →Figures cited
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22.6 $ billion
Value of Schneider Electric's acquisition of PTC
Acquisition announced in 2026
« Le groupe français annonce l’acquisition de l’éditeur américain PTC pour environ 22,6 milliards $ (20,1 milliards €). »
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24 %
Share of software and services in Schneider Electric's revenue after the integration of PTC and Cognite
Schneider Electric, after completion of the PTC and Cognite transactions
« Avec PTC, Schneider Electric estime porter la part des logiciels et services à environ 24% de son chiffre d’affaires en incluant PTC et Cognite. »
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50,000 customers
Number of Schneider Electric software customers after the transaction
Schneider Electric, after completion of the PTC acquisition
« Le groupe affiche plus de 15 000 collaborateurs dédiés aux logiciels et plus de 50 000 clients logiciels après l’opération. »
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15,000 employees
Employees dedicated to software at Schneider Electric after the transaction
Schneider Electric, after completion of the PTC acquisition
« Le groupe affiche plus de 15 000 collaborateurs dédiés aux logiciels et plus de 50 000 clients logiciels après l’opération. »
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2.4 € billion
PTC revenue in 2025
PTC, financial year 2025
« L’éditeur a généré 2,4 milliards € de chiffre d’affaires en 2025, avec une marge d’EBITA ajusté d’environ 40%. »
Classification
- Country
- France, United States
- Company size
- Large companies
- Industries
- Industry and manufacturing · Software vendors, IT services companies, telecoms · Energy, utilities, environment
- Companies
- Schneider Electric (deploys AI), PTC (supplier), AVEVA (cited), Cognite (cited)
- Keywords
- digital thread, industrial software, industrial ai, mergers and acquisitions, software platform, manufacturing industry
Entry written by Marsanne Studio from the cited article, with the help of an AI model (claude-sonnet-5). The rights to the article and its illustrations belong to Silicon.fr and its author. Entry translated from French by Claude Sonnet 5.5.