Schneider Electric, a global leader in energy management and automation, recently announced a deal that would merge its software business with Bentley Systems, a publicly traded company specializing in infrastructure engineering software. The deal, valued at approximately $1.05 billion, is expected to create a powerhouse in the digital engineering and construction software space.
The merger of Schneider’s software business, which includes its popular EcoStruxure platform for energy and infrastructure management, with Bentley’s expertise in infrastructure engineering software, is a strategic move to capitalize on the growing demand for digital solutions in the construction and engineering industries. The combined entity will be well-positioned to offer a comprehensive suite of software solutions that address the entire lifecycle of infrastructure projects, from design and construction to operation and maintenance.
Both Schneider and Bentley have a strong track record of innovation in their respective fields, and the merger will allow them to leverage their complementary strengths to drive further growth and expansion. Schneider’s deep domain expertise in energy management and automation, combined with Bentley’s advanced engineering software capabilities, will enable the new entity to deliver cutting-edge solutions that help customers improve efficiency, reduce costs, and enhance sustainability.
The deal is expected to provide significant synergies for both companies, including enhanced product offerings, expanded market reach, and increased cross-selling opportunities. By combining their resources and expertise, Schneider and Bentley will be able to accelerate innovation, drive customer value, and capture new growth opportunities in the rapidly evolving digital engineering and construction market.
In addition to the financial benefits of the merger, the deal is also expected to create opportunities for collaboration and knowledge sharing between Schneider and Bentley’s teams. By bringing together some of the brightest minds in the industry, the new entity will be well-equipped to tackle the complex challenges facing the infrastructure sector and deliver innovative solutions that drive sustainable, long-term value for customers.
Overall, the merger of Schneider’s software business with Bentley Systems represents a significant milestone in the digital transformation of the engineering and construction industries. By combining their strengths and resources, the two companies are poised to lead the way in shaping the future of infrastructure development and delivering cutting-edge solutions that drive growth, efficiency, and sustainability.
