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    PTC shares soar nearly 34% after Schneider Electric agrees to $22.6 billion buyout

    The Economic Times
    October 5, 2026
    via The Economic Times

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    PTC shares soar nearly 34% after Schneider Electric agrees to $22.6 billion buyout

    PTC shares surged nearly 34% on Monday after French energy and software group Schneider Electric agreed to acquire the US industrial software company for $22.6 billion in cash, Reuters reported.The deal comes as software companies seek to secure revenue streams amid concerns that advances in artific

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