<meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title>HF Demo</title> <style> body { margin: 0; font-family: Arial, sans-serif; } header { background-color: #2c3e50; color: white; text-align: center; padding: 20px; font-size: 28px; font-weight: bold; } </style>

Schneider Electric buys industrial-AI firm Cognite for $3.1bn

June 30, 2026 Emily Chen Clock

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 ...

This story continues at The Next Web.

Leave a Reply