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Schneider Electric to buy an industrial design software company for $23 billion

Reported · Written up by our desk · M&A & Deals

Schneider Electric plans to buy an industrial design software company in a $23 billion deal, according to MarketWatch.

The report says the transaction values the target at a decade-low valuation, framing it as a bargain for Schneider Electric.

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Sources

MarketWatchThis $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
MarketWatchThis $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser

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