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Fl_ow
@Fl_ow
1Sem.·

Stocks in Focus: Schneider Electric Strengthens Its Software Division with the Acquisition of PTC

The technology conglomerate Schneider Electric is continuing its acquisition spree with the purchase of the U.S. software provider PTC.


With $PTC (-0,29 %) it aims to $SU (-1,85 %) strengthen its footprint in product design, engineering, and data management. The merged company is expected to reduce annual costs by 250 million euros starting in the third year, and Schneider anticipates 800 million euros in revenue synergies.


Acquisition spree —> $SLYG (+0 %) and now $PTC (-0,29 %)


Would you $SU (-1,85 %) ? Or maybe buy more later?


Best regards 🌊

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9 Commentaires
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Keineui@Keineui
1Sem.
Actually, it's a good time for a call
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Chris@Multibagger
1Sem.
Already done.😂😎
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Klein-Anleger@Klein-Anleger
1Sem.
@Multibagger Good luck 🚀
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Pleni70@Pleni70
1Sem.
@Keineui and right away, down 10%
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Keineui@Keineui
1Sem.
@Pleni70 They were already down by then. So it's been sideways ever since...
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Pleni70@Pleni70
1Sem.
@Keineui I'm already invested. Now that it's back at 0%, I'm thinking about adding to my position to reduce my exposure to U.S. stocks.
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Fl_ow@Fl_ow
1Sem.
@Pleni70 Great idea! 👍
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Fred@Fred999
1Sem.
@Multibagger What's the ISIN, if I may ask? 😇
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Chris@Multibagger
1Sem.
@Fred999 You can get the HM92T8 for less now—that's why I waited so long to reply. :-)
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