16:47
2026-06-30
startupfortune.com
artificial-intelligence
Schneider Electric pays $3.1 billion for Cognite and bets the industrial AI race is won at the data layer
Schneider Electric acquired Cognite for $3.1 billion in late June 2026, marking the largest Norwegian software exit. The deal gives Schneider ownership of Cognite's industrial data platform, which con…