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Schneider Electric Agrees to Buy PTC in $22.6 Billion Software Deal
BusinessEconomyTechnologyWorld

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

France’s Schneider Electric has agreed to acquire US-based industrial software company PTC for about $22.6 billion, marking the largest acquisition in Schneider Electric’s...

FAA Clears Boeing 737 MAX Software Issue, Easing Path for MAX 10 Approval
BusinessInfrastructure & DevelopmentTechnology

FAA Clears Boeing 737 MAX Software Issue, Easing Path for MAX 10 Approval

The US Federal Aviation Administration has determined that a software glitch affecting some Boeing 737 MAX flight computers does not pose a safety...

Francisco Partners and KKR Take Stakes in TeamSystem
TechnologyBusiness

Francisco Partners and KKR Take Stakes in TeamSystem

Private equity firms Francisco Partners and KKR have agreed to buy minority stakes in Italian software company TeamSystem from its main investor Hellman...

Bending Spoons to Buy Miro in $1.36 Billion Deal
BusinessTechnology

Bending Spoons to Buy Miro in $1.36 Billion Deal

Italian technology company Bending Spoons has agreed to acquire digital collaboration platform Miro in an all cash deal valued at $1.36 billion, the...

Cegid and Silae Plan €10 Billion Merger to Create European Software Group
WorldBusinessTechnology

Cegid and Silae Plan €10 Billion Merger to Create European Software Group

French business software company Cegid and payroll platform Silae said on Wednesday they plan to merge, creating a European technology group valued at...