Schneider Electric acquires US industrial AI specialist for $3.1bn

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

Published 11sem3 sources✓ ConfirmedImportantupdated 11sem

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The fact

The deal strengthens its position in industrial software and AI.

The move aims to compete with Siemens and General Electric.

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