{"id":1040750,"date":"2026-10-05T08:25:58","date_gmt":"2026-10-05T02:55:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1040750"},"modified":"2026-10-05T08:43:08","modified_gmt":"2026-10-05T03:13:08","slug":"frances-schneider-electric-nears-20-billion-deal-to-buy-us-software-group-ptc-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/05\/frances-schneider-electric-nears-20-billion-deal-to-buy-us-software-group-ptc-report\/","title":{"rendered":"France&#8217;s Schneider Electric nears $20 billion deal to buy US software group PTC: Report"},"content":{"rendered":"<p>France&#8217;s Schneider Electric is nearing a deal to buy US software group PTC for about $20 billion, the Financial Times reported on Sunday citing people with knowledge of the matter. <\/p>\n<p>A deal may be announced as soon as Monday, the newspaper said, adding that discussions between the two companies were ongoing and there was no certainty they would result in a deal. <\/p>\n<p>Reuters could not immediately verify the FT report. Schneider Electric and PTC did not immediately respond to Reuters&#8217; requests for comment outside regular business hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France&#8217;s Schneider Electric is nearing a deal to buy US software group PTC for about $20 billion, the Financial Times reported on Sunday citing people with knowledge of the matter. A deal may be announced as soon as Monday, the newspaper said, adding that discussions between the two companies were ongoing and there was no certainty they would result in a deal. Reuters could not immediately verify the FT report. Schneider Electric and PTC did not immediately respond to Reuters&#8217; requests for comment outside regular business hours.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1040750","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1040750"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040750\/revisions"}],"predecessor-version":[{"id":1040785,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040750\/revisions\/1040785"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1040750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1040750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1040750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}