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

Lily Hess

, DIGITIMES, Taipei

Jul 1, 2026, 11:51 0

Credit: AFP

Schneider 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...

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