Schneider Pursues Bentley, Rounding Out Water Offerings

10 May 2024
Available with corporate subscription

On 19 April 2024, France-based Schneider Electric confirmed reports of discussions to potentially acquire Pennsylvania-based Bentley Systems.

The potential deal would be another potential stepping stone in Schneider’s strategy to round out its suite of end-to-end software solutions addressing the design, automation, and maintenance of industry and infrastructure assets. Over the last eight years, Schneider has strategically acquired and formed partnerships in ways that build off of its core competencies in operations management in the electric power sector. 

While this deal is not strictly a water play— i.e., both companies are also focused on other sectors such as electric power, energy, and mining—a potential merger could have far-reaching impacts on the market and competitive landscape. 

Related Podcast

 
7 May 2024  |  Episode #94 with Eric Bindler, Christine Ow

How Would a Potential Schneider-Bentley Deal Shake Up the Water Sector? 

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