Mergers & AcquisitionsMedium•5 October 2026•
1 min read
Schneider Electric to Acquire Industrial Software Firm in $23 Billion Deal
Key Facts
1Schneider Electric struck a $23 billion deal to acquire an industrial design software company.
2The deal was struck at a decade-low valuation for the software sector.
Schneider Electric struck a $23 billion deal to acquire an industrial design software company. MarketWatch reported that the transaction was executed at a valuation considered a decade-low for the software sector.
The company aims to integrate industrial design software into its AI-driven electrical equipment business. This acquisition follows a period of steady industrial activity, with data from September 28, 2026, showing industrial production growth of 8% in international markets.