What Happened
Manufacturing Giants Merge Amid Industry Shift
Schneider Electric has acquired PTC, a global leader in industrial product design and data management, in a $22.6 billion deal. The acquisition aims to drive excellence and efficiency in the manufacturing and supply chain industries. Meanwhile, Ford has formed a cross-industry coalition to address the US trades shortage, and Thales has highlighted the hidden cyber risks associated with technological complexity in manufacturing. These developments were reported by Manufacturing Digital.