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Schneider to Acquire Industrial AI Company Cognite for $3.1 Billion
8 hour ago /
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Author：小编
Schneider Electric will acquire all shares of industrial AI company Cognite for $3.1 billion in cash, aiming to expand its industrial data and artificial intelligence software business and accelerate the modernization of European factories. Schneider plans to merge Cognite with its industrial software business Aveva. This move comes as European manufacturers widely adopt AI to enhance efficiency and streamline processes, with competitors also advancing the application of automation and AI technologies in workshops.
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