Schneider Electric concluded its Innovation Summit Hong Kong 2026, gathering over 800 policymakers, business executives, and market innovators. The event explored how artificial intelligence is driving unprecedented energy demand and how energy technology can advance the city's smart transformation and sustainable growth. "We are entering a defining era where energy and AI are becoming inseparable," said Jonathan Chiu, President of Schneider Electric Hong Kong. "As demand for AI continues to surge, so too does the need for timely deployment of efficient, resilient and intelligent energy infrastructure." The summit featured panel discussions on AI-powered innovation and sustainability. Schneider Electric showcased its latest energy technologies, including EcoStruxure Foresight Operation, an AI-powered platform that can boost operational efficiency by up to 50 per cent, alongside solutions for EV charging, data centres, and smart grids supporting Hong Kong's carbon neutrality goal by 2050.

Schneider Electric has agreed to acquire PTC Inc. in an all-cash deal valued at $205 per share, representing approximately $22.6 billion in equity value. The transaction represents a 42.3% premium to PTC's last closing price. The acquisition aims to create a comprehensive industrial software and AI platform, bridging product design, engineering, and data management with energy systems. PTC serves over 30,000 customers globally and generated €2.4 billion in revenue with roughly 40% adjusted EBITA margin in 2025. Schneider Electric expects to achieve €250 million in annual cost synergies by year three and approximately €800 million in revenue synergies. The deal will be financed through €5-6 billion in equity issuance and €16-17 billion in new debt. The transaction requires PTC shareholder approval and regulatory clearance, with closing anticipated by Q3 2027.

Schneider Electric has unveiled the world's first software-defined medium voltage switchgear at YOTTA 2026 in Las Vegas. The technology enables up to three times faster ordering and manufacturing and up to twice faster commissioning compared with conventional systems. The company deployed the solution in a live colocation data centre with Equinix. Pilot programmes continue through 2027, with broader availability expected in 2028. Schneider Electric also announced RM AirSeT 38 Software Defined, extending its SF₆-free medium-voltage technology to 38 kV for AI data centres. Order intake is planned for 2027, with first deliveries in 2028. The company additionally highlighted Galaxy VXL, a high-density modular uninterruptible power supply delivering up to 1.25 MW in a single frame whilst using up to 70% less space than predecessor systems.