DEV Community

Rahul v
Rahul v

Posted on

Schneider Electric to Take Over Cognite in $3.1 Billion Deal to Strengthen Industrial AI Portfolio

#ai

Schneider Electric Corporation has announced that it has entered into a merger agreement with the industrial software company Cognite. The merger will strengthen Schneider Electric’s position in the industrial artificial intelligence sector as Cognite’s data and AI technology will be integrated with Schneider Electric’s industrial software product line.

Top comments (0)