Deloitte advises Schneider Electric on acquisition of Cognite

"Deloitte advised Schneider Electric on its acquisition of industrial data and AI leader Cognite in a transaction valuing the company at $3.1 billion. The deal is intended to strengthen Schneider Electric’s industrial AI leadership, reinforce AVEVA CONNECT and accelerate deployment of next‑generation industrial intelligence solutions. Closing remains subject to customary conditions and regulatory approvals."

Deloitte advised Schneider Electric in connection with its acquisition of Cognite. The transaction values Cognite, a leader in industrial data software and artificial intelligence, at $3.1 billion. The strategic acquisition will enable Schneider Electric to strengthen its leadership in industrial AI by combining its energy management and automation solutions with Cognite’s industrial data platform and AI capabilities. It is expected to reinforce AVEVA’s CONNECT platform and accelerate the large‑scale deployment of next‑generation industrial intelligence solutions. The completion of the transaction remains subject to customary closing conditions, including receipt of required regulatory approvals. Deloitte represented Schneider Electric with a team composed by: François Pierson (Partner — Corporate Tax) and Claire Deblock (Senior Manager — Corporate Tax), assisted by Deloitte teams in the United States (Mike Layden, William Ou, Greg Hasler), Norway (Daniel Herde, Lars Henrik Rolstad), India (Lokesh Malik, Archit Jain), the Netherlands (Slavko Savanovic, Sjoerd Hasselmann) and Japan (Yoko Ueda, Ken Leong).

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Deloitte advises Schneider Electric on acquisition of Cognite

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Deloitte advises Schneider Electric on acquisition of Cognite

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