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 confirmation from Schneider came after The Wall Street Journal reported the French company was in talks to take control of Bentley in a deal that could be worth more than $15 billion.

French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn.

Schneider Electric and Bentley Systems are in talks, hinting at a major shift in engineering software. The French industrial leader eyes Bentley's renowned solutions, with a potential merger valued at over $15 billion,

French technology and automation giant confirms preliminary talks to buy or form a strategic alliance with the U.S. based engineering and construction tech company.

Schneider Electric SE, a leader in energy management from France, has initiated preliminary discussions with Bentley Systems Inc., a prominent U.S. infrastructure software firm, hinting at a possible strategic collaboration.

Schneider Electric is reportedly in talks to acquire Bentley Systems in a transaction valued at more than $15 billion.