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Schneider Electric PTC acquisition: PTC suspended earnings calls and guidance on Nov.
Summary
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.
This is a brief wire summary, the full story (linked below) has the complete details.
KazaSec's take
Stories like this are part of why proactive security testing exists, finding the gap before someone else does is always cheaper than responding after the fact.
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