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AI IntelligenceJun 30, 2026M&A
Article

Schneider Electric -> Cognite

Schneider Electric has agreed to acquire industrial AI company Cognite in a $3.1 billion all-cash deal, and plans to combine Cognite with its industrial software company Aveva.

Data Cube AI EditorialSource: Bloomberg
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Schneider Electric has agreed to acquire industrial AI company Cognite in a $3.1 billion all-cash deal, and plans to combine Cognite with its industrial software company Aveva.