Schneider in Deal Talks With US Software Maker Bentley

  • Takeover could be one of largest of US firm by French company
  • Bentley makes software for bridge analysis, construction
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Schneider Electric SE is in talks about a potential deal with engineering software maker Bentley Systems Inc., potentially paving the way for one of the biggest takeovers of a US company by a French business.

The discussions are part of Schneider Electric’s strategy to build up its capabilities in industrial technology, and are at an early stage, it saidBloomberg Terminal Friday. Bentley acknowledgedBloomberg Terminal Schneider’s statement separately without commenting further.