Blogs

Business

This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser

2 hours ago  - 

This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser

Schneider Electric, the maker of electrical equipment that has thrived from the AI build-out, on Monday struck a $23 billion deal to buy an industrial design software company at a bargain-basement valuation.

Related Posts

Comment

MarketWatch

News Source

About the Author

MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.

More from MarketWatch

View all articles →

Suggested Writers