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Schneider Electric to Buy PTC in $22.6 Billion Software Deal
TechnologyBusiness

Schneider Electric to Buy PTC in $22.6 Billion Software Deal

French energy technology company Schneider Electric has agreed to acquire U.S. industrial software maker PTC for approximately $22.6 billion, in its largest acquisition...

Analog Devices to Acquire Alif Semiconductor for $1.35 Billion
TechnologyBusiness

Analog Devices to Acquire Alif Semiconductor for $1.35 Billion

Analog Devices (ADI) will acquire privately held Alif Semiconductor for $1.35 billion in cash, the companies announced on Wednesday, as ADI expands its...

Europe Faces Fresh Pressure to Catch Up in the Humanoid Robotics Race
TechnologyActiveWorld

Europe Faces Fresh Pressure to Catch Up in the Humanoid Robotics Race

Europe is being urged to move faster in the rapidly developing humanoid robotics industry as Chinese robotics company Unitree continues to gain global...

Schneider Electric Subsidiary Expands Focus on Nigeria’s Industrial Technology Market
BusinessNigeriaTechnology

Schneider Electric Subsidiary Expands Focus on Nigeria’s Industrial Technology Market

By Benson Daniel A business unit of Schneider Electric has intensified its focus on Nigeria's industrial technology market as the global energy management...