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Schneider Electric is buying industrial AI firm Cognite for $3.1 billion

The French energy company plans to fold Cognite into AVEVA, its industrial software unit, pending regulatory approval

Schneider Electric is buying industrial AI firm Cognite for $3.1 billion

Published July 1, 2026 · Category: Markets

Overview

The French energy company plans to fold Cognite into AVEVA, its industrial software unit, pending regulatory approval

Source

Originally published at qz.com.

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