# Schneider Electric acquires Cognite for $3.1B in industrial AI push

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-06-30T23:40:48.000Z  
> **Category:** ACQUISITION  
> **Impact Score:** 160/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/06/30/schneider-electric-acquires-cognite-3-1b-industrial-ai-push)  
> **Canonical Citation:** [https://spidits.com/timeline/schneider-electric-acquires-cognite-for-31b-in-industrial-ai-push](https://spidits.com/timeline/schneider-electric-acquires-cognite-for-31b-in-industrial-ai-push)

## Executive Summary
French multinational energy giant Schneider Electric SE said today it's buying an industrial artificial intelligence company called Cognite Holding B.V. in a $3.1 billion all-cash deal, with an eye to strengthening its AI software and industrial data business. The deal highlights the evolving...

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/06/30/schneider-electric-acquires-cognite-3-1b-industrial-ai-push)**: Schneider Electric acquires Cognite for $3.1B in industrial AI push — _French multinational energy giant Schneider Electric SE said today it's buying an industrial artificial intelligence company called Cognite Holding B.V. in a $3.1 billion all-cash deal, with an eye to strengthening its AI software and industrial data business. The deal highlights the evolving..._

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