This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
MarketWatch· Steve Goldstein· Oct 5, 2026 · 9:39 AM
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.
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