Schneider Electric to buy industrial AI firm Cognite in $3.1B deal
Seeking Alpha ·
Schneider Electric ( SBGSF ) ( SBGSY ) said Tuesday it agreed to acquire privately-held industrial data and AI software provider Cognite Holding for $3.1B in cash. Schneider ( SBGSF ) ( SBGSY ) said Cognite would be integrated into its Aveva industrial software business, with completion of
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