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Aveva

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18:21
2026-06-30
thenextweb.com
artificial-intelligence

Schneider Electric buys industrial-AI firm Cognite for $3.1bn

Schneider Electric acquired Norwegian industrial AI company Cognite for $3.1bn in cash, aiming to integrate its data and AI platform into its Aveva software unit. The deal positions Schneider to lead …

// co-occurs with top 7 entities
Schneider Electric 1 Cognite 1 Olivier Blum 1 Aker 1 Palantir 1 Siemens 1 Bloomberg 1
// topics top 4 topics
artificial intelligence 1 ai startups 1 ai products 1 ai infrastructure 1