Mega Deals

Cognite was wrapped up by Schneider Electric

Announced: June 2026 Deal Value: $3.1B

Agentic AI data platform Cognite was wrapped up for $3.1B at 18.2 times revenue by global leader in energy management and automation Schneider Electric, strengthening its industrial software capabilities.

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atNorth was wrapped up by CPP Investments and Equinix

Announced: February 2026 Deal Value: $4B

High-density colocation and built-to-suit data center provider atNorth was wrapped up for $4B by a consortium involving investment management organization CPP Investments and digital infrastructure company Equinix to capture the exponential demand for artificial intelligence infrastructure, high-performance computing, and enterprise cloud workloads in Europe.  

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High Valuations

Selma.ai was acquired by Briox

Announced: April 2026 Deal Value: $3.7M

Swedish AI firm Selma.ai was acquired for $3.7M at 18.9 times sales by ERP software provider Briox in a strategic move to broaden its offering in automated customer acquisition and communication.

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Key Transactions

Høglund was pocketed by ABB

Announced: June 2026

Marine automation and energy management systems developer Høglund was pocketed by electrical equipment and automation products supplier ABB to expand its marine automation offerings.

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Autronica Fire and Security was bought by MSA Safety

Announced: May 2026 Deal Value: $555M

Provider of fire and gas detection and alarm systems Autronica Fire and Security was bought for $555M at 3.5 times revenue by advanced industrial safety technology products and solutions developer MSA Safety, broadening its presence in the Nordic region. 

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Growth and Exit Consulting

If you are aiming to learn about the key deals and valuations for data companies in the Nordic region, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.