It signals that legacy industrial giants are aggressively buying digital twin, IoT, and PLM software capabilities to compete in the AI-driven industrial metaverse. This mirrors the broader trend of traditional corporates absorbing tech to defend against disruption, potentially diverting institutional capital from speculative crypto assets into tangible industrial tech plays.

PTC Inc.

Schneider Electric SE

Schneider Electric SE announced it is acquiring US-based engineering software developer PTC Inc. for an implied enterprise value of $23.7 billion.