Schneider Electrical has agreed to amass Cognite Holding B.V. in an all-cash transaction valued at US$3.1 billion, including industrial knowledge and AI software program capabilities to its automation and power administration enterprise.
The deal provides Cognite’s industrial knowledge platform to Schneider Electrical’s software program portfolio, with know-how used to attach operational know-how knowledge, enterprise IT techniques, and AI functions.
The settlement covers 100% of Cognite’s share capital. Completion stays topic to customary closing circumstances, together with regulatory approvals, and is predicted within the coming quarters.
IT/OT convergence
Industrial knowledge can sit throughout plant tools, management techniques, engineering instruments, upkeep platforms, and enterprise functions. NIST defines operational know-how as programmable techniques or gadgets that work together with the bodily setting, together with industrial management, constructing automation, transportation, and bodily entry management techniques.
Cisco’s 2026 industrial AI analysis discovered that 61% of corporations are deploying AI, whereas 20% have scaled it throughout their operations. Its analysis additionally discovered that 57% of business organisations reported some degree of collaboration between IT and OT groups, whereas 43% reported restricted or no collaboration.
Cognite’s industrial knowledge platform
Cognite develops cloud-native software program for industrial knowledge and AI. Its platform is designed to attach and contextualise operational, engineering, and enterprise knowledge so industrial corporations can use it throughout analytics, AI, asset administration, and plant operations.
Industrial knowledge is commonly saved throughout totally different techniques and codecs, together with sensor readings, engineering diagrams, tools logs, upkeep information, 3D fashions, and pictures. Cognite Knowledge Fusion is designed to attach these sources and create relationships between beforehand separate knowledge units.
Schneider Electrical stated Cognite’s platform combines a unified industrial knowledge mannequin with agentic AI capabilities, permitting prospects to use AI inside plant operations, asset administration, and engineering workflows.
Cognite was based in 2017 and has greater than 800 workers throughout the Americas, Europe, the Center East, and Asia-Pacific. Its merchandise are utilized in asset-intensive sectors the place operational knowledge is commonly unfold throughout plant techniques, tools, engineering instruments, and enterprise functions.
Cognite’s know-how consists of Cognite Knowledge Fusion and an industrial information graph, which help knowledge integration, modelling, and contextualisation. Cognite says the information graph maps relationships between property, techniques, and knowledge sources so customers can work with related operational info quite than separate knowledge units.
Cognite additionally affords Atlas AI, a platform that helps superior modelling, generative AI, and agentic AI capabilities. Schneider Electrical stated these instruments can help industrial workflows throughout plant operations, asset administration, and engineering processes.
AVEVA integration
Cognite will probably be built-in with AVEVA after the transaction closes. AVEVA, which is wholly owned by Schneider Electrical, supplies industrial software program used throughout engineering, operations, and asset administration environments.
AVEVA describes CONNECT as a platform for bringing industrial knowledge, functions, and workflows collectively throughout on-premises techniques and cloud infrastructure.
The acquisition is meant to broaden AVEVA’s CONNECT industrial intelligence platform. Schneider Electrical stated Cognite’s open structure will enable industrial AI and analytics to work with knowledge throughout the asset lifecycle and inside prospects’ present know-how environments.
Schneider Electrical stated Cognite’s know-how will add knowledge contextualisation and AI capabilities to AVEVA CONNECT. ARC Advisory Group stated the acquisition strengthens AVEVA CONNECT by including Cognite’s knowledge contextualisation and AI capabilities.
After closing, Schneider Electrical’s automation infrastructure, AVEVA’s industrial software program, and Cognite’s knowledge platform will sit beneath the identical company construction.
IoT Analytics’ 2026 evaluation positioned the broader industrial digital know-how market at US$176.9 billion in 2024 and projected an 11% compound annual development price over the subsequent seven years. It stated AI-driven functions and superior analytics are increasing at greater than 40% yearly from a smaller base, in contrast with single-digit development anticipated for core industrial {hardware} and established automation segments.
IoT Analytics’ 2026 OT cybersecurity analysis stated AI integration and IT/OT convergence create new assault surfaces and are influencing areas akin to hybrid safety architectures, zero belief microsegmentation, firewalls, and controls for AI workloads in OT environments.
Transaction phrases
Cognite reported annual income of greater than US$170 million in 2025. The corporate additionally recorded 36% development in annual recurring income bookings, supported by adoption of its Atlas AI platform.
Olivier Blum, CEO of Schneider Electrical, stated Cognite had constructed an industrial-grade AI platform that turns operational knowledge right into a enterprise asset. He stated the acquisition would strengthen AVEVA in industrial software program and AI.
Blum additionally stated Schneider Electrical plans to mix its power administration and automation infrastructure with Cognite’s software program and AI capabilities. He added that the deal would help the usage of knowledge and AI throughout Schneider Electrical’s portfolio.
After completion, Cognite will probably be totally consolidated and financially reported inside Schneider Electrical’s Industrial Automation enterprise.
(Picture by Homa Home equipment)
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