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Schneider Electric to acquire industrial AI firm Cognite for US$3.1B

  • Digitimes faviconDigitimes

    Jun 30, 2026, 11:51 pm193 ptsTrendingTop
    photo of Schneider Electric to acquire industrial AI firm Cognite for US$3.1B imageSchneider Electric, the French energy management and automation giant, announced that it has agreed to acquire Cognite, a Norwegian industrial data and AI software company, in an all-cash deal valued at US$3.1 billion. The deal is meant to reinforce the former's software line-up as it positions itself for a…
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