Schneider Electric to Acquire Bentley Systems?

Schneider Electric is in talks to acquire engineering software company Bentley Systems.

The French industrial giant confirmed the talks to the Wall Street Journal.
Bentley was valued at $15.6 billion during its initial public offering in 2020, according to Engineering News Record.

Scheider Electric primarily offers energy management and automation solutions for homes, buildings, datacenters, infrastructure, and industries.

Bentley Systems develops engineering solutions for projects like roads, railways, buildings, and factories.