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MILTON, Ontario--(BUSINESS WIRE)--Schneider Electric Canada, a global energy technology leader, and Centennial College today announced the signing of a Memorandum of Understanding (MOU). The two will explore a collaboration focused on advancing workforce development, experiential learning, applied research, innovation and sustainability. The agreement establishes a framework for the organizations to identify and pursue opportunities that help prepare students for the future of work, while suppo.
Water stress is already hitting operating costs, supply chains and infrastructure across European industry Water shortages now rank as high as cyber-attacks and supply chain disruption for industrial business continuity Nearly 60% of leaders admit to not installing the technology they know could cut water risk PARIS, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Schneider Electric, a global energy technology leader, today released The Water Crunch Report, new research revealing that water is now one of the biggest risks to industrial business continuity across the UK and Europe, ranking as highly as cyber-attacks and supply chain disruption. This echoes last year's US-focused research from Schneider Electric, where over half (56%) of business leaders said water-related risks will grow faster than other infrastructure risks in the coming years.
Data-center demand more than doubled, helping drive revenue to what the company called a record high for any quarter. It added it anticipates that demand to remain strong in the fourth quarter.
Schneider Electric raises 2026 targets again on booming data centre demand
MILTON, Ontario--(BUSINESS WIRE)--Schneider Electric Canada, a global energy technology leader, today announced Innovation Days Canada, a three-city event series bringing together leaders from business, energy, government and sports to explore one of the country's defining challenges: how to meet growing energy demand while strengthening economic competitiveness in an era of AI, electrification and digital transformation. The three-city series will make stops in Montréal (October 27), Vancouver.
Schneider Electric said it has entered into a definitive agreement to acquire PTC NASDAQ: PTC for $205 per share in cash, a transaction that implies an enterprise value of about €21 billion and is intended to expand Schneider's industrial software, artificial intelligence and digital capabilities.
Schneider Electric, the French energy technology company, has agreed to buy PTC Inc (NASDAQ:PTC), the Boston-based industrial software maker, for $205 a share in cash, valuing its equity at about $22.6 billion. The deal, announced on Monday, implies an enterprise value of $23.7 billion, which adds net debt to the equity price, and gives PTC shareholders a 42.3% premium to its last closing price.
France's Schneider Electric shares tumbled about 9% on Monday after the company announced plans to acquire US industrial software group PTC for $22.6 billion, with investors likely questioning the hefty premium and the debt burden needed to fund the deal. Schneider said it expects to complete the all-cash acquisition in the third quarter of 2027 at $205 per PTC share.
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