PTC Suspends Guidance for Schneider Electric Takeover; Windchill Plant Data Link Lacks Terms
· techtimes.com · popularity 21/100 · 0 similar stories today
Read the original at techtimes.com →
Summary
Schneider Electric PTC acquisition: PTC suspended earnings calls and guidance on Nov. 4 while the pending $205-per-share cash takeover, valued near $22.6 billion, awaits shareholder and regulatory approval. Annual recurring revenue excluding divested units grew 8%, but no technical terms yet describe how Windchill design data would reach plant software.
Found in: Tech Times. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 2.