Tuesday, 27 October 2026
News, business, world affairs and market coverage
Briefing desk at Markets Brief (2026-10-05): 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… Primary source: original at MarketWatch (marketwatch.com).
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.