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Schneider Electric to Acquire 90% of AiDASH in $350m All-Cash Deal

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Schneider Electric agreed to acquire about 90% of AiDASH, a California software company using satellite imagery and AI to help utilities detect and respond to climate risks. The all-cash deal, announced in June, values AiDASH at US$350 million and expands Schneider’s grid software suite for managing wildfire and storm threats.

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