Schneider Electric to Acquire Cognite for $3.1 Billion

Cognizant to Acquire 3Cloud to Expand Microsoft Azure and Enterprise AI Capabilities

November 13, 2025

IT Services

Cognizant has entered into a definitive agreement to acquire 3Cloud, an independent Microsoft Azure services provider and Azure-dedicated AI enablement firm. The deal is expected to close in the first quarter of 2026, subject to regulatory approvals and other customary closing conditions.

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.

NiCE Acquires Cognigy to Build Unified AI-First Customer Experience Platform

September 8, 2025

AI & Machine Learning

NiCE (NASDAQ: NICE) entered into a definitive agreement to acquire Cognigy, a conversational and agentic AI leader for enterprise contact centers. The combination of NiCE’s CXone Mpower platform with Cognigy.AI is intended to accelerate enterprise adoption of AI-first customer service across front and back office workflows. The acquisition was later announced as successfully closed following receipt of all required regulatory approvals.

Schneider Electric Acquires WattBuy to Accelerate Residential Electrification

August 21, 2025

Energy

Schneider Electric has acquired WattBuy, a U.S.-based software platform that provides personalized energy insights and electrification solutions for homeowners. The deal brings WattBuy's API-first intelligence engine into Schneider's prosumer portfolio—alongside EnergySage and Qmerit—to deliver an integrated end-to-end residential electrification experience.

Schneider Electric to Acquire AutoGrid

May 11, 2022

AI & Machine Learning

AutoGrid, an AI-driven optimization company for distributed energy resources, signed a definitive agreement to be acquired by Schneider Electric. The deal is subject to regulatory approval and customary closing conditions and is expected to close in Q3 2022, expanding AutoGrid’s global reach and accelerating product innovation.

Saudi Aramco (via Aramco Overseas) Acquires 7.4% Stake in Cognite from Aker BP

February 2, 2022

Cloud & SaaS

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.