French conglomerate Schneider Electric agrees to acquire US engineering software provider PTC for $23.7B in cash, paying $205 per share, its largest acquisition
Acquisition would be French conglomerate's largest and enhance its products focused on manufacturers
Sources: Schneider Electric is in advanced talks to buy US engineering software firm PTC for ~$20B, its largest acquisition; a deal could come as soon as Monday
Acquisition would be French group's largest and expand its industrial software capability — Schneider Electric is in advanced talks …
Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva
Schneider Electric SE agreed to buy Cognite in a $3.1 billion transaction to expand its industrial data and AI software business.
Claroty, which develops security tech for industrial companies, raises $140M Series D, bringing its total raised to $235M, ahead of an IPO
'We are able to reverse-engineer OT protocols and use them thanks to help from Schneider Electric, Rockwell Automation, and Siemens.