French conglomerate Schneider Electric agrees to acquire US engineering software provider PTC for $23.7B in cash, paying $205 per share, its largest acquisition
Acquisition would be French conglomerate's largest and enhance its products focused on manufacturers
Sources: Schneider Electric is in advanced talks to buy US engineering software firm PTC for ~$20B, its largest acquisition; a deal could come as soon as Monday
Acquisition would be French group's largest and expand its industrial software capability — Schneider Electric is in advanced talks …
Schneider Electric agrees to buy industrial AI company Cognite in a $3.1B all-cash deal, and plans to combine Cognite with its industrial software company Aveva
Schneider Electric SE agreed to buy Cognite in a $3.1 billion transaction to expand its industrial data and AI software business.
How Schneider Electric is using AI in call centers and manufacturing to complement employees' work and boost productivity, rather than to replace them
For many chief executives, success in adopting artificial intelligence is measured by the number of jobs they can eliminate.
How Schneider Electric is using AI in call centers and manufacturing to complement employees' work and boost productivity, rather than to replace them
For many chief executives, success in adopting artificial intelligence is measured by the number of jobs they can eliminate.
CapitaLand: Asia Pacific's colocation data center market is expected to grow to $52.2B by 2026, up from $25.5B in 2022, driven by demand for AI-based services
While cloud computing is today the primary driver for DC demand … CapitaLand Investment Limited : CapitaLand Investment launches research paper on ‘Asia Pacific Data Centre Investment Strategies in th...
The Atlantic Council details how a Chinese law from 2021 requiring companies to disclose flaws within two days of discovery helps China's hacking operations
Some foreign companies may be complying—potentially offering China's spies hints for hacking their customers. X: @a_greenberg , @a_greenberg , @a_greenberg , and @a_greenberg X: Andy Greenberg / @a_gr...