Schneider Electric signs deal to buy AI software player Cognite for $3.1 billion

The ​French ​multinational ⁠said in a ​press release it ​would pay $3.1 billion for ‌the whole of ​Cognite in ​an ⁠all cash deal.

Schneider Electric signs deal to buy AI software player Cognite for $3.1 billion
Schneider Electric said on Tuesday it had signed ‌an ⁠agreement ⁠to acquire Cognite Holding, a provider of AI software ⁠and industrial ‌data.

The ​French ​multinational ⁠said in a ​press release it ​would pay $3.1 billion for ‌the whole of ​Cognite in ​an ⁠all cash deal.
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Business News › Tech › Tech & Internet › Schneider Electric signs deal to buy AI software player Cognite for $3.1 billion
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