Question 1

How much is Schneider Electric paying for Cognite?

Accepted Answer

Schneider Electric is acquiring Cognite at an enterprise value of $3.1 billion.

Question 2

Why is the Cognite deal significant for Norway?

Accepted Answer

The $3.1 billion transaction is the largest software and AI company exit in Norwegian history and ranks among the biggest industrial software deals in Europe.

Question 3

What does Cognite do?

Accepted Answer

Cognite develops industrial AI and data management software used by companies in capital-intensive sectors such as energy and manufacturing to contextualize and act on operational data.

Cognite

Schneider Electric agrees to buy Cognite from Aker for $3.1 billion

One sharp brief.
Every day.

Cognite

Schneider Electric agrees to buy Cognite from Aker for $3.1 billion

One sharp brief.Every day.

One sharp brief.
Every day.