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Market Impact: 0.4
This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
Source: marketwatch.com
M&A & RestructuringArtificial IntelligenceTechnology & InnovationCompany Fundamentals
Schneider Electric, which has benefited from the AI build-out, agreed to buy an industrial design software company for $23 billion. The article characterizes the target’s valuation as bargain-basement but provides no further deal terms or market reaction.
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