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Schneider Electric acquires Cognite (industrial AI software) for $3.1 billion, integrating into Aveva platform.

Consolidates industrial-AI stack ownership; signals downstream demand for real-time AI analytics feeding grid and facility control.
Trade pressSlicast · July 1, 2026 · Global · Source: Data Center Dynamics
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Schneider Electric acquires Cognite (industrial AI software) for $3.1 billion, integrating into Aveva platform.

Consolidates industrial-AI stack ownership; signals downstream demand for real-time AI analytics feeding grid and facility control.

Read the original(Summary from the source — see the original below for the full report.)
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Schneider Electric acquires Cognite… · Slicast