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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

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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.

Source: Techmeme | 2026-06-30

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