Browsing Tag
AVEVA
6 posts
Schneider Electric raises 2026 outlook as AI data centre demand drives record Q3 revenue
Schneider Electric's third-quarter revenue reached €11.46 billion, prompting another upgrade to its 2026 growth and earnings outlook. AI infrastructure demand remains exceptionally strong, but the company's multibillion-dollar software acquisition strategy creates a second financial test beyond delivering record equipment sales.
October 16, 2026
Schneider Electric’s $22.6bn PTC deal adds up to €17bn of new debt
Schneider Electric is making a much larger software bet after agreeing to acquire PTC for $205 a share, with debt, new equity and future synergies all becoming central to the return calculation.
October 10, 2026
PTC (NASDAQ: PTC) jumps 33% on $205 Schneider deal, yet 6.6% takeover spread remains
Schneider Electric has agreed to acquire PTC for $205 per share in cash, valuing the industrial software company at $22.6 billion. PTC closed at $192.26, leaving a sizeable spread that reflects a closing timetable extending into 2027 and outstanding shareholder and regulatory approvals.
October 7, 2026
Schneider Electric to buy Cognite for $3.1bn as industrial AI strategy expands
Schneider Electric is acquiring industrial AI software company Cognite for $3.1 billion and integrating it with AVEVA, but the high revenue multiple has unsettled investors.
July 6, 2026
DeltaV SaaS SCADA: How Emerson is redefining remote operations for the industrial world
Discover how Emerson’s DeltaV SaaS SCADA platform is transforming industrial automation with secure, remote-ready control for oil, power, water, and pharma.
May 29, 2025
Schneider Electric completes takeover of industrial software firm AVEVA
Schneider Electric has closed the previously announced deal to take full ownership of UK-based industrial software company AVEVA…
January 23, 2023