Schneider Electric has agreed to acquire PTC in a deal valued at approximately $22.6 billion. This transaction provides the buyer with software used for the design, manufacturing, and servicing of physical products, integrating it directly into customer operations.
ElevenLabs announced an employee tender at a valuation of $22 billion. The company reports that its agents manage over 15 million conversations each week, covering tasks such as insurance renewals, healthcare bookings, and refunds.
ServiceNow is acquiring Moveworks to integrate AI assistant and enterprise search capabilities with existing workflow automation. At the time of the deal, Moveworks had 5.5 million employee users and approximately 250 shared customers with ServiceNow.
The partnership between Synopsys and OpenAI combines frontier AI models with established chip-design tools. This collaboration is supported by specific licensing agreements and revenue-sharing arrangements between the two companies.
