Schneider Electric acquires US industrial AI specialist for $3.1bn

Schneider Electric announces the acquisition of Aveva for $3.1 billion.

Published 3sem3 sources✓ ConfirmedImportantupdated 3sem

≈ 16sSpeed

The fact

The deal strengthens its position in industrial software and AI.

The move aims to compete with Siemens and General Electric.

3 sources — click a link to read an article on the topic:

Explore this topic

Auto-synthesis from 3 media sources · identified on June 30, 2026