Schneider Electric agrees to buy PTC for $22.6B in cash
Schneider Electric will pay $205 per share in cash for industrial software maker PTC, an equity value of about $22.6B.
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Schneider Electric will pay $205 per share in cash for industrial software maker PTC, an equity value of about $22.6B.
Postgres backend provider Supabase raised $150M led by Singapore's GIC and agreed to acquire Turso, which builds databases for AI agent workloads, as it leans into databases created by agents.
Cloudflare moved its developer data platform out of beta as Basin, a serverless service built on Apache Iceberg and R2 for ingesting, cataloguing and querying analytical data.
Armadin, the offensive security startup founded by Mandiant founder Kevin Mandia, raised a $255.5M Series B valuing it above $2.5B. Its AI agents probe customer environments to find and chain weaknesses into attack paths.
FactSet's fiscal fourth-quarter revenue grew 6.3% to $634.7M, and organic ASV reached $2,568.2M, up 7.0%. It guides fiscal 2027 revenue to $2,600M-$2,625M.
London-based Metaview, whose AI agents source, screen and interview job candidates, raised a $60M Series C led by Insight Partners. More than 7,000 companies use its recruiting platform.
Progress Software reported fiscal third-quarter revenue of $246.0M, down 2% from a year earlier, with ARR of $873M. It raised its full-year revenue guidance to $1,044M–$1,052M, having closed its purchase of Domo's AI and Data Platform business.
SoftBank paid the third and final $10B tranche of its $30B follow-on investment in OpenAI, taking its total investment to $64.6B and its stake to about 13%. The commitment was part of OpenAI's funding round announced in February.
AWS said Amazon DevOps Guru, Amazon Managed Blockchain, the Backint Agent for SAP ASE and the standalone Infrastructure Composer console are entering sunset and will close to new customers on October 29.
At DevDay, OpenAI released GPT-6.1 Sol, priced at one-fifth of GPT-6 Sol's token rates. It also launched an Agents API with computer use and, with Amazon, Bedrock Managed Agents, which run OpenAI agents entirely inside AWS.
Salesforce signed a definitive agreement to acquire Listen Labs, whose AI agents run customer research studies and simulate customer reactions. The deal adds research and simulation tools alongside Marketing Cloud and Service Cloud.
Transom Capital Group agreed to buy public safety software maker SoundThinking for $8.00 a share in cash plus a contingent right worth up to $3.00, an enterprise value of about $114M, or about $159M if it pays in full.