Bloomberg · Frank Connelly ·
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.
Lead Source
More
SiliconANGLE: SiliconANGLE
The Information: The Information
Cognite: Cognite
Axios: Axios
Dow Jones Newswires: Dow Jones Newswires
The Next Web: The Next Web
Reuters: Reuters
Pulse 2.0: Pulse 2.0
LinkedIn: LinkedIn