Saudi Aramco (via Aramco Overseas) Acquires 7.4% Stake in Cognite from Aker BP
February 2, 2022
Saudi Aramco, through its subsidiary Aramco Overseas Company B.V., purchased 100% of Aker BP’s shares in Cognite, acquiring a 7.4% stake in the Oslo-based industrial software company. The minority investment deepens an existing digitalization partnership between Aramco and Cognite and follows Cognite’s prior funding from investors including TCV and Accel.
- Buyers
- Saudi Aramco, Aramco Overseas Company B.V.
- Targets
- Cognite
- Sellers
- Aker BP
- Industry
- Cloud & SaaS
- Location
- Oslo, Norway
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Corten Capital and Ampersand Capital Partners Acquire Beacon Intelligence from Hanson Wade Group
June 30, 2026
Data & Analytics
Corten Capital and Ampersand Capital Partners have completed the acquisition of Beacon Intelligence from the Hanson Wade Group, backed by Graphite Capital. Corten Capital becomes the majority owner while Ampersand invests alongside Corten as a minority co-investor to support Beacon’s next phase of growth as an independent life sciences R&D intelligence platform.
-
Schneider Electric to Acquire Cognite for $3.1 Billion
June 30, 2026
AI & Machine Learning
Schneider Electric entered into a definitive agreement to acquire 100% of Cognite Holding B.V. in an all-cash transaction valued at $3.1 billion. The deal is expected to strengthen Schneider Electric’s position in industrial AI and expand the capabilities of AVEVA’s CONNECT industrial intelligence platform.
-
IBM to Acquire Cognitus to Accelerate SAP Transformations Globally
October 15, 2025
IT Services
IBM has signed a definitive agreement to acquire Cognitus, an SAP S/4HANA services provider with industry-specific, AI-powered solutions. The acquisition is intended to strengthen IBM’s SAP transformation capabilities worldwide by combining Cognitus’s services/software assets with IBM Consulting’s AI-driven delivery approach.
-
HTEC Acquires Cognits
August 5, 2025
IT Services
HTEC has acquired Cognits, a nearshore software engineering partner headquartered in Austin, Texas, with a delivery center in Guatemala, to expand HTEC's presence in Latin America and unlock same-time-zone delivery capabilities for U.S. clients. The deal gives HTEC access to Cognits' regional talent pool and strengthens its nearshore delivery capacity for clients in financial services and other sectors.
-
Coforge Acquires Majority Stake in Cigniti Technologies
May 29, 2024
IT Services
Coforge Ltd has signed definitive agreements to acquire a majority stake in Cigniti Technologies, a digital assurance and digital engineering services provider, and has launched an open offer to purchase an additional 26% stake. The acquisition is intended to expand Coforge’s digital assurance and engineering capabilities and deepen its presence across retail, hi‑tech/ISV and healthcare verticals — particularly across the US Southwest, Midwest and West.
-
Jacobs Holding AG Acquires Cognita
January 22, 2019
Education
Jacobs Holding AG acquired Cognita, a global K-12 private schools operator. EQT Credit acted as the largest lender in a EUR 255 million second‑lien term loan facility to support Jacobs' acquisition; previous owners included KKR and Bregal Investments. Cognita operates ~72 schools across Asia, Europe and Latin America, employing about 7,000 staff and educating over 40,000 students.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.