The cash offer of $205 per share is 42.3 percent above the last closing price. With PTC, Schneider would expand its software business to include CAD, PLM, and product development.
More than 80 international speakers will gather in Berlin from November 4 to 6. A technology exhibition covering more than 6,000 m² will complement the conference program.
The acquisition is expected to be completed in early 2027. Onlogic will remain an independent company following the acquisition, and its headquarters, brand, and management are expected to remain in place.
China has overtaken Germany in the use of robots in industry: the country has moved up to third place in the world rankings with a robot density of 470 units per 10,000 employees