Schneider Electric (SU) investor relations material

Deal rationale and strategic fit

• Acquisition aims to advance energy tech and unlock advanced industrial AI by integrating Cognite’s platform with Schneider Electric’s and AVEVA’s infrastructure, driving efficiency and sustainability across industries, businesses, and homes.

• Cognite’s technology stack, talent, and leadership enhance industrial AI capabilities, aligning with the long-term vision and strengthening AVEVA’s position in high-growth software segments.

• The deal accelerates the strategy to become a global leader in industrial AI, leveraging AVEVA, OSIsoft, and Cognite.

• Cognite’s open, cloud-native platform and agentic AI layer complement existing offerings, enabling actionable intelligence and unified customer experiences at scale.

• Cognite’s technology enables operational AI within plant operations, asset management, and engineering workflows.

Financial terms and conditions

• The enterprise value of the deal is $3.1 billion, fully funded in cash, with Schneider Electric acquiring 100% of Cognite.

• Cognite reported over $170 million in revenue in 2025, with 36% growth in ARR bookings.

• Cognite will be integrated with AVEVA and consolidated within Schneider Electric’s Industrial Automation business.

• Transaction completion is subject to customary closing conditions and regulatory approvals, expected in the coming quarters.

Synergies and expected cost savings

• The combination creates a unified platform for industrial AI, leveraging AVEVA’s customer base and Cognite’s innovation.

• Cognite gains immediate scale and reach through AVEVA and Schneider’s global footprint and 23,000+ customer base.

• Enhanced ability to extract, contextualize, and exploit industrial data from a wide range of sources, including third-party systems.

• Integration of Cognite’s AI and data foundation with AVEVA’s software enhances industrial workflow automation and business impact.

• Open, cloud-agnostic approach preserves and extends partner ecosystems, supporting scalable solutions.