Schneider Electric in preliminary talks with Bentley Systems for potential $15B deal.
Schneider Electric, a French digital automation and energy management firm, has confirmed it is in preliminary talks on a potential deal with US software company Bentley Systems. The discussions are part of Schneider Electric's strategy to build up its capabilities in industrial technology, and are at an early stage. If a deal is finalized, it could be worth over $15 billion and would involve Schneider merging its software business with Bentley, which would remain a public company.
April 18, 2024
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