New practice targets, synchronized swing video and a redesigned FS Golf interface give the company’s latest update a practical appeal for coaches and golfers.

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Schneider Electric Inc., one of the world’s largest industrial companies, today announced plans to acquire PTC Inc. for $23.7 billion. The all-cash deal values the software maker at $205 per share.

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At its core, Progress Software (NASDAQ:PRGS) operates on a highly disciplined financial blueprint: generating sticky, highly ...