Schneider Electric to acquire Cognite for $3.1B

Schneider Electric has entered into a definitive agreement to acquire 100% of Cognite Holding B.V., a provider of industrial data and AI software, in an all-cash transaction valued at $3.1 billion.

“Schneider Electric today announces that it has entered into a definitive agreement to acquire 100% of Cognite Holding B.V., a leading provider of industrial data and AI software, in an all cash transaction valued at $3.1 billion.”cognite.com

• 3 sources
• cognite.comSchneider Electric announces agreement to acquire Cognite, unlocking a new level of strategic intelligence for Industrial AI | CogniteJun 30, 2026
• dealroom.coSchneider Electric to buy AI firm Cognite in $3.1B cash deal | Dealroom NewsJun 30, 2026
• iottechnews.comSchneider Electric Cognite deal targets IT/OT convergenceMuhammad ZulhusniJul 7, 2026

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