May 22 (Reuters) - Schneider Electric said on Wednesday that discussions with U.S. engineering software produce Bentley Systems regarding a potential "strategic transaction" have ended.

"Those discussions are now mutually terminated and no transaction was agreed upon," Schneider said in a statement.

Reuters had reported in April that Bentley Systems was exploring options including a sale after attracting acquisition interest, and that Schneider was interested in a deal.

Bentley, an engineering software company with a market value of about $17 billion is family controlled through a special class of shares.

The group formed a special committee of its board of directors to explore options, sources close to the matter have previously told Reuters.

Schneider's shares were up by 0.47% at 1234 GMT, outperforming France's blue chip CAC 40 index, which was down 0.76%.

(Reporting by Olivier Sorgho and Mathieu Rosemain; Editing by Christian Schmollinger and Jane Merriman)