Schneider Electric Acquires Cognite for $3.1 Billion
Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1 billion in cash. The French group aims to acquire software capable of enabling factories and power grids to operate autonomously.
Schneider Electric announced on June 30, 2026, its agreement to acquire all of Cognite in a cash-only deal valued at $3.1 billion. Cognite develops software that …
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