#ai-acquisition Tech News.
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Schneider Electric acquired Cognite for $3.1 billion in a cash transaction valued at that amount to integrate its Agentic AI Data Platform into industrial automation. The deal includes the company founded in 2017 and headquartered in Tempe, Arizona which reported revenue exceeding $170 million in 2025. Celanese utilizes Cognite's platform to decouple data for anomaly detection while using specialized models like Dark Horse for time-series analysis.
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