mynth
06/2026

COGNITE acquired by SCHNEIDER ELECTRIC

NETHERLANDS Software / Data, Analytics & AI EV 3b - 100b USD

Context

Schneider Electric is acquiring Cognite Holding B.V., a provider of cloud‑native industrial data and AI software, to extend its digital portfolio and reinforce its position in industrial automation. The agreement, announced in June 2026, outlines an all‑cash transaction that will transfer 100% of Cognite's share capital to Schneider, subject to customary closing conditions and regulatory approvals. Integration plans place Cognite within Schneider's AVEVA software business, aligning the two platforms under a unified industrial intelligence framework. The acquisition supports Schneider's strategy to embed advanced analytics and autonomous decision‑making into its automation offerings. Cognite's data‑fusion architecture and agentic AI capabilities complement AVEVA's CONNECT platform, creating a combined solution that can ingest, model and act on data across the entire asset lifecycle. By adding a scalable, open‑architecture AI layer, Schneider aims to accelerate the delivery of AI‑driven operational improvements for its customers and to capture growth in the emerging industrial AI market. Post‑closing, Cognite's technology will be consolidated within Schneider's Industrial Automation segment, with expectations of tighter integration of data foundations, AI services and control systems. The unified platform is projected to enable faster deployment of AI use cases, improve asset performance and reduce time to value for end users, thereby strengthening Schneider's competitive positioning in the digital transformation of energy‑intensive industries.

COGNITE, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Cognite Holding B.V. was founded in 2017 and develops a cloud‑native platform that unifies and contextualizes industrial data from engineering, operations and enterprise systems. The platform incorporates a data‑fusion engine, a knowledge graph and the Atlas AI suite, which provides generative and agentic AI capabilities for asset‑intensive sectors such as manufacturing, energy, utilities and chemicals. Customers access the solution through a subscription‑based software‑as‑a‑service model, complemented by implementation and consulting services that tailor data pipelines and AI workflows to specific plant environments. The company operates globally, with delivery centers and sales teams across the Americas, Europe, the Middle East and Asia‑Pacific, and employs more than 800 staff. Its technology enables real‑time data ingestion, semantic modeling and AI‑driven decision automation, supporting use cases that range from predictive maintenance to production optimization. By exposing a standardized data foundation, Cognite allows industrial firms to integrate legacy assets with modern analytics and to scale AI applications across multiple sites without extensive custom development.

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 3b - 100b USD

Revenue range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COGNITE by SCHNEIDER ELECTRIC are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: cognite

Acquirer: schneider electric