# 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.

- Type: Acquisition
- Announced: 2026-06-30
- Value: $3.10B
- Status: announced
- Products: industrial data and AI software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [Cognite](https://endata.com/companies/3787.md) (target)

## Sources

- [cognite.com](https://www.cognite.com/en/company/newsroom/schneider-electric-announces-agreement-to-acquire-cognite), 2026-06-30: "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."
- [dealroom.co](https://dealroom.co/news/136459-schneider-electric-to-buy-ai-firm-cognite-in-3-1b-cash-deal/), 2026-06-30: "Intelligence demands data, and unlocking its full value requires AI."
- [iottechnews.com](https://iottechnews.com/news/schneider-electric-cognite-deal-it-ot-convergence-industrial-ai/), 2026-07-07: "Schneider Electric has agreed to acquire Cognite Holding B.V. in an all-cash transaction valued at US$3.1 billion, adding industrial data and AI software capabilities to its automation and energy management business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.