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

October 5, 2026 · 7:53 am 1 sources

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• This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
  MarketWatch · October 5, 2026 07:53
  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.