3D / CAD
Schneider Electric agrees to buy PTC for $22.6 billion, putting Creo, Windchill and Onshape under an industrial hardware giant
The all-cash deal, Schneider's largest ever, ties PTC's CAD and PLM tools to AVEVA and Cognite to take on Siemens, and leaves PTC customers asking what Schneider's openness pledge actually commits it to.