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Schneider Electric confirms negotiations with Bentley Systems

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Schneider Electric confirms negotiations with Bentley Systems

by Verità&Affari editorial team

Schneider Electric, a French multinational active in the automation and energy management sectors, has confirmed that it has started negotiations with Bentley Systems regarding a potential strategic operation. The discussions remain at a preliminary stage and there is no certainty that the operation will be agreed, we read in a note.

The Wall Street Journal wrote that Schneider Electric is in talks to take control of engineering software company Bentley Systems in a deal that could be worth more than $15 billion, while Reuters wrote that Bentley Systems is exploring options that include a sale after attracting acquisition interest; Among the companies that have expressed interest in a deal with Bentley are Schneider Electric and Cadence Design Systems.

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