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The Nexus
BUSINESSJul 1 · 13:40 UTCQUARTZColleen Cabili

Schneider Electric is buying industrial AI firm Cognite for $3.1 billion

Schneider Electric is acquiring Cognite, an industrial AI firm, for $3.1 billion. The French energy company plans to integrate Cognite into its AVEVA industrial software unit, pending regulatory approval.

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