Jordan Hale edits IT Business Digest and writes the daily brief, the Friday pricing and licensing watch, and coverage of deals and vendors.
ThisisEngineering / UnsplashThe $205-a-share offer values PTC at about $23.7 billion including debt. It adds PTC's design and lifecycle software to Schneider's Aveva.
Andrey Matveev / UnsplashIts order backlog jumped from $15 billion in June to $50 billion in September, mostly because of one $35 billion deal with Anthropic.
Steve A Johnson / UnsplashNearly nine in ten companies now use AI. Only 37% see any effect on profit. The gap between using AI and getting a return from it is the main story of 2026.