Tag: $Schneider Electric

Schneider electric raises 2026 targets again booming data centre demand

Schneider Electric raised its 2026 core profit and revenue targets for the second time this year on Friday, as the French ​industrial group cements its role as a key supplier to big cloud companies building AI ​data centres.

Schneider Electric to buy industrial software group PTC for $23.7bn

Schneider Electric will acquire US engineering software provider PTC in a $23.7bn deal that marks the French industrial conglomerate’s biggest takeover.