30 June 2026

Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva (Frank Connelly/Bloomberg)

Frank Connelly / Bloomberg:
Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva  —  Schneider Electric SE agreed to buy Cognite in a $3.1 billion transaction to expand its industrial data and AI software business.

Posted from: this blog via Microsoft Power Automate.

Daily Deals