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Schneider Electric to buy industrial AI firm Cognite in $3.1B deal

Covered by 3 sources · 3 articles

3 outlets - including Cryptopolitan, Cryptobriefing and Seekingalpha - are covering this story. The Norwegian industrial AI software company Cognite will be purchased by Schneider Electric. The $3.1B deal is Norway's biggest software and AI exit to date.

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Cryptopolitan Jun 30, 21:03 UTC

Schneider Electric buys Cognite for $3.1 billion

The Norwegian industrial AI software company Cognite will be purchased by Schneider Electric. The $3.1B deal is Norway's biggest software and AI exit to date.

Crypto Briefing Jun 30, 18:50 UTC

Aker sells Cognite to Schneider Electric for $3.1B, channels proceeds into AI infrastructure bet Nscale

Aker's strategic reinvestment in AI infrastructure highlights a shift towards hardware and energy as key drivers in the AI industry's future. The post Aker sells Cognite to Schneider Electric for $3.1B, channels proceeds into AI infrastruct…

Seeking Alpha Currents Jun 30, 17:08 UTC

Schneider Electric to buy industrial AI firm Cognite in $3.1B deal