Schneider Electric drops $22.6B on PTC as datacenter boom rains money on infra companies

Schneider Electric agrees to acquire PTC for $22.6 billion as it pursues a broader push into smarter power infrastructure, amid growing data-center demand.

Image: The Register

Why it matters

The deal joins two major technology businesses and signals a significant strategic move in infrastructure markets as data-center investment grows.

Coverage 1 publisher

  1. The Register

    Schneider Electric drops $22.6B on PTC as datacenter boom rains money on infra companies

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