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Schneider to Buy Industrial AI Firm Cognite for $3.1 Billion

Schneider to Buy Industrial AI Firm Cognite for $3.1 BillionBloomberg Technology

Schneider Electric announced it will acquire industrial AI software company Cognite for $3.1 billion. The deal was announced on June 30, 2026.

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Schneider to Buy Industrial AI Firm Cognite for $3.1 Billion — AIBriefs