
Schneider Electric to Acquire PTC in $22.6 Billion Deal
Schneider Electric announced a $22.6 billion all-cash acquisition of PTC this week, aiming to strengthen its industrial software and digital thread capabilities to better compete with Siemens.
Every Manufacturing story tagged MES and shop floor software.

Schneider Electric announced a $22.6 billion all-cash acquisition of PTC this week, aiming to strengthen its industrial software and digital thread capabilities to better compete with Siemens.

Qualcomm Technologies has acquired robotics software firm PickNik Inc., aiming to integrate the open-source MoveIt framework with its Dragonwing platforms.

Google's Intrinsic has released Intrinsic Core, an open-source software platform designed to accelerate the development of robotic applications.

Ford Motor Co. is investing $1 billion in its Kentucky Truck Plant in Louisville to add a state-of-the-art paint shop.

Lyte AI has secured $165 million in Series C funding to scale production of its integrated sensing hardware and software for industrial robots.

Autonomous truck software developer PlusAI is merging with a SPAC, valuing it at $800 million. The company is already generating revenue from its development platform and operating freight routes in Texas ahead of a planned 2027 commercial launch.

New automation, tooling, and machining technologies will be showcased by multiple manufacturers at the IMTS 2026 trade show, per event previews.