Schneider Electric

Last updated
Schneider Electric SE
Company type Public
Industry Electrical equipment
PredecessorMerlin-Gerin  OOjs UI icon edit-ltr-progressive.svg
Founded1836;188 years ago (1836)
(as Schneider & Cie)
Founders
Headquarters Rueil-Malmaison, France
Area served
Worldwide
Key people
 Peter Herweck
(CEO)
Jean-Pascal Tricoire
(Chairman)
Léo Apotheker
(Director)
Products Building automation, home automation, switches, and sockets, plant process and emergency shutdown systems, industrial control systems, electric power distribution, electrical grid automation, smart grid, critical power & cooling for datacenters
RevenueIncrease2.svg €34.17 billion [1]  (2022)
Increase2.svg€4.93 billion [1]  (2022)
Increase2.svg€3.53 billion [1]  (2022)
Total assets Increase2.svg€58.36 billion [1]  (2022)
Total equity Decrease2.svg€26.09 billion [1]  (2022)
Number of employees
162,339 [1]  (2022)
Subsidiaries Luminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex
Website www.se.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[2]

Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. [3] [4] It addresses homes, [5] buildings, [6] data centers, [7] infrastructure and industries, [8] by combining energy technologies, real-time automation, software, and services. [9]

Contents

Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index. [10] In fiscal year 2022, the company posted revenues of €34.2 billion. [1]

Schneider Electric is the parent company of Square D, APC, and others. It is also a research company. [11]

History

1836–1963

In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France. [12] Two years later, they founded Schneider-Creusot, the company that would eventually become Schneider Electric. Initially, Schneider-Creusot specialized in the production of steel, heavy machinery, and transportation equipment. [13] [14] In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufacturing. [15] Over the first half of the 20th century, Schneider-Creusot continued to grow, establishing manufacturing sites in France and abroad, including in pre-Soviet Russia and Czechoslovakia. [15] [16]

1963–1999

In the 1960s, following the death of Charles Schneider, Schneider-Creusot was absorbed by Belgium's Empain group, which merged Schneider-Creusot with its corporate structures to form Empain-Schneider. [17] [18] In 1981, the Empain family sold its controlling stake to Paribas. [18] In the 1980s and 1990s, the company, once again operating under the Schneider name, divested from steel and shipbuilding and, through strategic acquisitions, began to focus on the electricity sector. [14] [19] These acquisitions included Télémécanique in 1988, [14] Square D in 1991, [20] and Merlin Gerin  [ fr ] in 1992. [21]

1999–present

In January 1999, Schneider acquired the Scandinavian switch-maker Lexel. [22] [23] Later that year, the company renamed itself Schneider Electric, to reflect its focus on the electricity sector. [22] In 2000, Schneider Electric has bought the French controls-maker Crouzet Automatismes from Thomson-CSF and the Swiss motion control specialist SIG Positec from SIG Group. [24]

In October 2006, Schneider Electric announced that it would acquire the data center equipment manufacturer American Power Conversion for $6.1 billion. [25] [26] The following February, the move was finalized following its approval by the European Commission. [27] In June 2010, Schneider and the rolling stock manufacturer Alstom jointly purchased Areva's transmission and distribution businesses in a transaction totaling $2.73 billion. [28] [29]

In 2016, Schneider acquired Tower Electric, a British company that manufactured fixings and fastenings for construction and electrical firms.[ citation needed ] In 2017, Schneider Electric became the majority shareholder of Aveva, a provider of engineering and industrial software based in the UK. [30] [31] The next year, it acquired the Indian multinational Larsen & Toubro's electrical and automatic business in a cash deal for ₹140 billion (US$1.8 billion). [32]

In February 2020, Schneider made a €1.4 billion takeover bid for German company RIB Software, [33] closing the deal in July 2020. [34] Also in 2020, Schneider Electric acquired ProLeiT AG, a supplier of industrial control and MES software. [35]

In April 2021, Schneider introduced 'The Zero Carbon Project'. Since then, it has shown its commitment to minimize 'operational carbon emissions' by 2025. [36]

In January 2023, Schneider Electric's acquisition of Aveva was finalized. [37]

In November 2023, Schneider Electric finalized its acquisition of EcoAct, a company devoted to climate consulting and net-zero solutions. [38] [39] [40]

Notable acquisitions

Acquisition dateCompanyBusinessCountrySource
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear, and sensorsFrance [14]
1991 Square D Manufacturer of electrical circuit breakers, switchgear, and transformersUSA [20]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformersFrance [41] [42]
1997 Modicon Manufacturer of programmable logic controllers (PLC)USA [43]
2001PDLDomestic and industrial electrical hardwareNew Zealand [44] [45]
June 2003 TAC Building automation and controlSweden [46]
March 2004KavlicoPressure sensorsUSA [47]
2004 Clipsal WiringAustralia [48]
June 2005 Juno Lighting LightingUSA [49]
July 2005BEI TechnologiesCustomized sensorsUSA [49]
2006MertenUltra terminalGermany [50]
2006 Citect SCADA system and MES automation softwareAustralia [51]
February 2007 American Power Conversion Power backup and protection and electrical distributionUSA [25] [26]
July 2009Meher CapacitorsPower factor correctionIndia [52]
March 2010Zicom Security SystemsSecurity systemsIndia [53]
April 2010SCADAgroupSCADA and control systemsAustralia [54]
December 2010Areva T&DTransmission & distributionEurope [55]
March 2011Summit EnergyEnergy managementUSA [56]
April 2011DigilinkNetwork connectivity productsIndia [57]
May 2011APW President SystemsEnclosure systemsIndia [58]
May 2011LuminousPower invertersIndia [59]
June 2011 Telvent Real-time information management systemsSpain [60]
December 2011ViridityData center management softwareUSA [61]
September 2012 SolveIT Software Planning and scheduling softwareAustralia [62]
January 2014 Invensys Multinational engineering and information technology companyUK [63]
January 2014 Foxboro Control systemsUSA [64]
July 2017 ASCO Transfer switches, power control systems, and industrial control productsUSA [65]
September 2017 (60% controlling stake) Aveva GroupInformation-technology/consulting groupUK [66]
January 2023 (remaining shares) [67]
November 2020ETAPElectrical power systems softwareUSA [68]
2020 RIB Software AEC softwareUSA [69]
2020OSISoftIndustrial data softwareUSA [70]
2020 Larsen & Toubro E&AElectrical and automation technologyIndia [71]
January 2022ZeigoClimate-tech platformUK [72]
June 2022EV ConnectElectric vehicle charging platformUSA [73]
2022 EnergySage Marketplace for solar panelsUSA [74]
2022AutoGridDistributed energy resource managementUSA [75]

Organizational structure and offer

Since 2019, Schneider Electric has been operating business units: Energy Management, Industrial Automation, and Services. [76]

Energy Management

The Energy Management business provides products for the management of energy in medium voltage and grid automation, low voltage and building automation, secure power and cooling applications.

Services

The Services business includes three divisions: Global Field Services, Energy and Sustainability Services, and Smart grid Services. [77]

EcoStruxure

In 2016 Schneider Electric launched the next generation of EcoStruxure – an internet of things (IoT)-enabled architecture. [78] The EcoStruxure platform uses Microsoft Azure. In 2021, the EcoStruxure solutions introduced by Schneider helped customers lessen 'carbon emissions' by 84 million tonnes. [36]

In April 2019, the company launched Schneider Electric Exchange, an open business platform. [79] In June 2022, Schneider Electric introduced its EcoStruxure Machine Expert Twin, an adaptable digital shadow software solution that aims to handle the machine's 'lifecycle'. [80]

Operations

Research and development investment

In its Innovation Summit North America, Schneider Electric expressed its aim to assess emerging technologies, support and subsidize startups through guiding them. [81] In FY2021, Schneider Electric announced that its research and development expenses were around 855 million euros.[ citation needed ]

Operational technology

In January 2023, Schneider Electric's interest to develop the area of Operational Technology was concretized through its partnership with BitSight, a specialist in the field of cybersecurity. [82] In fact, their collaboration seeks to realize a unique 'global Operational Technology (OT) Risk Identification and Threat Intelligence capability' that aims to detect the threats to Operational Technology [83] and consolidate 'industrial security'. [82]

Head office

Schneider Electric has had its head office in Rueil-Malmaison, France since 2000. [84] The company uses an international operations model [85] wherein its key personnel and large numbers of its staff are spread across main offices in Reuil-Malmaison, [86] Hong Kong, [87] Noida, [88] and Boston. [89]

See also

Related Research Articles

<span class="mw-page-title-main">Alstom</span> French rolling stock manufacturer

Alstom SA is a French multinational rolling stock manufacturer which operates worldwide in rail transport markets. It is active in the fields of passenger transportation, signaling, and locomotives, producing high-speed, suburban, regional and urban trains along with trams.

<span class="mw-page-title-main">Siemens</span> German multinational conglomerate company

Siemens AG is a German multinational technology conglomerate. Its operations encompass automation and digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, rail transport solutions, as well as health technology and digital healthcare services. Siemens is the largest industrial manufacturing company in Europe, and holds the position of global market leader in industrial automation and industrial software.

<span class="mw-page-title-main">ABB</span> Swedish-Swiss multinational robotics and electrical equipment company

ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Västerås, Sweden, and Zürich, Switzerland. It is traded on the SIX Swiss Exchange in Zürich, the Nasdaq Nordic exchange in Sweden and the OTC Markets Group's pink sheets in the United States. It was ranked 340th in the Fortune Global 500 list of 2020 and has been a global Fortune 500 company for 24 years.

<span class="mw-page-title-main">Mentor Graphics</span> Electronic design automation company

Mentor Graphics Corporation was a US-based electronic design automation (EDA) multinational corporation for electrical engineering and electronics, headquartered in Wilsonville, Oregon. Founded in 1981, the company distributed products that assist in electronic design automation, simulation tools for analog mixed-signal design, VPN solutions, and fluid dynamics and heat transfer tools. The company leveraged Apollo Computer workstations to differentiate itself within the computer-aided engineering (CAE) market with its software and hardware.

<span class="mw-page-title-main">Bosch (company)</span> German engineering and technology company

Robert Bosch GmbH, commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business.

Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power plants. Westinghouse's world headquarters are located in the Pittsburgh suburb of Cranberry Township, Pennsylvania. Brookfield Renewable Partners, a Canadian private equity fund and a subsidiary of Brookfield Asset Management is the majority owner of Westinghouse.

<span class="mw-page-title-main">Synopsys</span> American software company

Synopsys, Inc. is an American electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on silicon design and verification, silicon intellectual property and software security and quality. Synopsys supplies tools and services to the semiconductor design and manufacturing industry. Products include tools for logic synthesis and physical design of integrated circuits, simulators for development, and debugging environments that assist in the design of the logic for chips and computer systems. As of 2023, the company is a component of both the Nasdaq-100 and S&P 500 indices.

Invensys Limited was a multinational engineering and information technology company headquartered in London, United Kingdom. At its height, the company had offices in more than 50 countries and its products were sold in around 180 countries.

<span class="mw-page-title-main">Areva</span> Defunct French nuclear and renewable energy provider

Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France. Before its 2016 corporate restructuring, Areva was majority-owned by the French state through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%). Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state.

<span class="mw-page-title-main">Rockwell Automation</span> American industrial automation provider

Rockwell Automation, Inc. is an American provider of industrial automation and digital transformation technologies. Brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services.

<span class="mw-page-title-main">Emerson Electric</span> American multinational corporation

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets. Emerson has approximately 86,700 employees and 170 manufacturing locations.

Hexagon AB is a multinational industrial technology company. Headquartered in Stockholm, Sweden and publicly traded on the Nasdaq Stockholm exchange, the company since 2000 has had a particular focus on measuring technology and geospatial tools and software. After its founding, between 2000 and 2022, Hexagon completed more than 170 acquisitions, and it is the parent company of Leica Geosystems and Infor EAM, among other subsidiaries. With around 24,000 employees, Hexagon's revenue in 2023 was US$5.5 billion, while assets were $18.1 billion.

<span class="mw-page-title-main">APC by Schneider Electric</span> American electrical equipment manufacturer

APC by Schneider Electric is a manufacturer of uninterruptible power supplies (UPS), electronics peripherals, and data center products.

<span class="mw-page-title-main">Framatome</span> French nuclear reactor design company

Framatome is a French nuclear reactor business. It is owned by Électricité de France (EDF) (75.5%), Mitsubishi Heavy Industries (19.5%), and Assystem (5%).

<span class="mw-page-title-main">Aveva</span> Software company in United Kingdom

AVEVA Group plc is a British multinational information technology consulting company headquartered in Cambridge, England. The company started as the Computer-Aided Design Centre which was created in Cambridge in 1967 by the UK Ministry of Technology and Cambridge University.

<span class="mw-page-title-main">Cadence Design Systems</span> American multinational computational software company

Cadence Design Systems, Inc., is a multinational technology and computational software company. Headquartered in San Jose, California, Cadence was formed in 1988 through the merger of SDA Systems and ECAD. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries, among others.

Legrand is a French industrial group historically based in Limoges in the Limousin region.

<span class="mw-page-title-main">Vista Equity Partners</span> American investment firm

Vista Equity Partners is an American private equity firm that invests in software, data, and technology-enabled businesses. With over $100 billion in AUM, it is one of the largest private equity firms in the world. Vista Equity Partners has invested in hundreds of technology companies, including Citrix, SentinelOne, and Marketo, and has achieved many accolades in the space, most recently being named as 2023's Global Technology Private Equity Firm of the Year by Private Equity International.

Empain-Schneider was a Franco-Belgian industrial group formed in the 1960s from the merger of Belgium's Empain group and France's Schneider & Cie. In 1980 it was renamed Schneider SA. Throughout the 1980s and 1990s, the group was comprehensively restructured and sold most of its historic activities while acquiring operations linked to electrical equipment, leading up to its renaming in 1999 as Schneider Electric.

Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of December 2022, Fortive has over 18,000 employees in 60 countries worldwide.

References

  1. 1 2 3 4 5 6 7 "Annual Financial Report for the Year Ended December 31, 2022" (PDF). Schneider Electric. Retrieved February 23, 2023.
  2. ↑ "Schneider Electric Annual Report 2018" (PDF). Schneider Electric. Retrieved January 19, 2019.
  3. ↑ "Green economy bolstered as Schneider Electric opens 2500 green jobs worldwide". Financial Post. 2022-05-30. Retrieved 2022-05-30.
  4. ↑ "Electrification and digitisation 'are the recipe for a more sustainable world'". Energy Live News. 2019-10-03. Retrieved 2020-05-07.
  5. ↑ "Smart Home & Energy Management". se.com. Retrieved 2020-05-07.
  6. ↑ "Building Automation and Control". se.com. Retrieved 2020-05-07.
  7. ↑ "Data Centre Solutions and Networks". se.com. Retrieved 2020-05-07.
  8. ↑ "Industrial Automation and Control". se.com. Retrieved 2020-05-07.
  9. ↑ "EcoStruxure: IoT – Internet of Things". se.com. Retrieved 2020-05-07.
  10. ↑ "1-EURO STOXX 50® (SX5E) (EU0009658145)". Qontigo.
  11. ↑ "Schneider Unveils Schneider Electric Ventures at its Innovation Summit". www.iotworldtoday.com. Retrieved 2019-03-15.
  12. ↑ "Arms and the Men". Fortune . Reprinted by The Harvard Crimson. 18 May 1934. Retrieved 11 February 2023.
  13. ↑ Quigley, Carroll (1966). Tragedy And Hope. New York: Macmillan. p. 518. ISBN   0-945001-10-X.
  14. 1 2 3 4 Nicholson, Chris V. (April 13, 2011). "Tyco Deal Could Be Costly for Schneider". The New York Times . Retrieved December 1, 2022.
  15. 1 2 Nye, Gerald P. (1934). A primer on Europe's armament makers who prolong war and disturb peace (PDF). U.S. Government Printing Offices. pp. 7–9.
  16. ↑ Grant, Jonathan A. (2018). "The Schneider–Škoda Alliance, 1919–1930". Between Depression and Disarmament. Cambridge University Press. pp. 24–51. doi:10.1017/9781108552721.002. ISBN   9781108448505.
  17. ↑ Mooney, Richard E. (April 19, 1966). "Business Empire Set Up in France". The New York Times . Retrieved December 1, 2022.
  18. 1 2 Renard, Francoise (February 28, 1981). "Le groupe Paribas prend le contrôle de l'empire Empain-Schneider La fin de l'intermède belge" . Retrieved December 1, 2022.
  19. ↑ Georgieva, Sonia; Lungarova, Tsvetina (2019). "Effects of Corporate Social Responsibility and Traditions in Innovations on the Activity of an International Company – the Case of "Schneider Electric"" (PDF). Economic Alternatives (2): 227–234. Retrieved December 1, 2022.
  20. 1 2 Ramirez, Anthony (1991-05-13). "Square D Agrees to Takeover". The New York Times. ISSN   0362-4331 . Retrieved 2019-03-15.
  21. ↑ "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands". Automation.com. Retrieved 2019-03-15.
  22. 1 2 "The world's longest-running electrical equipment companies". Power Technology. May 28, 2015.
  23. ↑ Fleming, Charles (January 12, 1999). "France's Schneider to Pay $1.06 Billion For Scandinavian Switch Maker Lexel". The Wall Street Journal . Retrieved December 1, 2022.
  24. ↑ "Schneider buys Crouzet and Positec to target OEMs". Drive & Controls. 2000-10-01. Retrieved 2024-03-30.
  25. 1 2 Walsh, Lawrence M. (October 30, 2006). "Viva Le Power: Schneider Buys APC". CRN. Retrieved December 1, 2022.
  26. 1 2 Miller, Rich (October 30, 2006). "Schneider Buys APC for $6.1 Billion". Data Center Knowledge. Retrieved December 1, 2022.
  27. ↑ Moltzen, Edward F.. (February 14, 2007). "Schneider Electric Wraps Up APC Acquisition". CRN. Retrieved December 1, 2022.
  28. ↑ "Areva T&D board approves name change". The Economic Times. December 26, 2011. Retrieved December 1, 2022.
  29. ↑ "Alstom and Schneider Electric Close on Areva T&D Acquisition". Power Technology. June 9, 2010. Retrieved December 1, 2022.
  30. ↑ Dummett, Ben; Kostov, Nick (2017-09-05). "Schneider Electric Swoops for U.K. Software Firm Aveva". The Wall Street Journal . ISSN   0099-9660 . Retrieved 2019-03-15.
  31. ↑ "France's Schneider to buy rest of Aveva in $11 billion deal". Reuters. September 21, 2022. Retrieved December 1, 2022.
  32. ↑ "Schneider's L&T Acquisition to Power 'Make In India' Mission | Storify News". 2019-06-17. Retrieved 2019-09-24.
  33. ↑ "Schneider Electric makes €1.4bn bid for German construction IT company". Global Construction Review. 14 February 2020. Retrieved 30 July 2021.
  34. ↑ "Schneider Electric a finalisé le rachat de RIB Software". Les Echos Investir. 10 July 2020. Retrieved 30 July 2021.
  35. ↑ "Schneider Electric SE:'s Acquisition of ProLeiT AG: Marketscreener". 8 May 2020.
  36. 1 2 "15 Most Sustainable Companies in the World". Yahoo! Finance. 12 February 2023. Retrieved 14 February 2023.
  37. ↑ "Schneider Electric: acquisition d'Aveva finalisée". Boursorama. 18 January 2023. Retrieved 14 February 2023.
  38. ↑ "Conseil environnemental : Schneider Electric a finalisé l'acquisition d'EcoAct". Environment Magazine. Retrieved 3 November 2023.
  39. ↑ "Schneider Electric finalise l'acquisition d'EcoAct, spécialiste de la data sur l'environnement". La Revue du Digital. Retrieved 3 November 2023.
  40. ↑ "Conseil climatique: Schneider Electric finalise l'acquisition d'EcoAct". Connaissance des Energies. Retrieved 3 November 2023.
  41. ↑ Bourbon, Jean-Claude (July 9, 2020). "Schneider takes another step into digital". La Croix. Retrieved February 15, 2023.
  42. ↑ Lepetit, Bérangère (March 30, 2019). "Schneider Electric's "private and free" school has been training since 1930". Le Parisien. Retrieved February 15, 2023.
  43. ↑ Peterson, David (March 2, 2022). "The Origin Story of the PLC". Control Automation. Retrieved February 15, 2023.
  44. ↑ "Schneider completes PDL takeover". The New Zealand Herald . 22 June 2001. Retrieved 10 April 2014.
  45. ↑ "Company". Schneider-Electric. Retrieved 10 April 2014.
  46. ↑ "EQT divests TAC to Schneider Electric". EQT. June 12, 2003. Retrieved February 15, 2023.
  47. ↑ "Schneider buys Kavlico and takes a stake in Elau - Drives and Controls Magazine". drivesncontrols.com. Retrieved 2020-07-02.
  48. ↑ Menon, Ravi (January 20, 2013). "Schneider to widen Clipsal reach". Business Standard. Retrieved February 15, 2023.
  49. 1 2 John, Peter (July 22, 2005). "Schneider buys BEI Technologies for $562m". Financial Times. Retrieved February 15, 2023.
  50. ↑ "Schneider Electric gets GET in the UK". Drives & Controls. September 1, 2006. Retrieved February 15, 2023.
  51. ↑ "Citect CEO Excited to be There". Automation World. August 1, 2006. Retrieved February 15, 2023.
  52. ↑ Singh, Seema (August 6, 2009). "Schneider acquires Meher Capacitors". LiveMint. Archived from the original on August 10, 2009. Retrieved February 15, 2023.
  53. ↑ "Zicom to sell security units to Schneider for Rs 225 cr". The Times Of India. 6 March 2010. Retrieved 2015-03-08.
  54. ↑ "Schneider buys Australia's SCADA group". 14 April 2010. Archived from the original on 2010-04-17. Retrieved 2012-03-23.
  55. ↑ "Alstom and Schneider for Areva T&D". World-nuclear-news.org. 2009-12-01. Retrieved 2015-03-08.
  56. ↑ Guevarra, Leslie (March 25, 2011). "Schneider's $268M Acquisition of Summit Energy Tightens EECA Market". GreenBiz. Retrieved February 15, 2023.
  57. ↑ "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India. 1 April 2011. Retrieved 2015-03-08.
  58. ↑ "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India. Retrieved 2015-03-08.
  59. ↑ "Schneider to acquire 74% stake in Luminous Power". The Hindu. 31 May 2011.
  60. ↑ Abboud, Leila (June 1, 2011). "Schneider Electric to buy grid software group Telvent". Reuters. Retrieved February 15, 2023.
  61. ↑ "Schneider snags Viridity to see how many watts servers suck". Gigaom. 2011-12-20. Retrieved 2015-03-08.
  62. ↑ Crozier, Ry (September 3, 2012). "SolveIT bought by Schneider Electric". CRN. Retrieved February 15, 2023.
  63. ↑ Schultz, Jordan M. (January 17, 2014). "Schneider Electric completes acquisition of Invensys". Control Engineering. Retrieved February 15, 2023.
  64. ↑ Peterson, Jeff (April 22, 2020). "Schneider Electric consolidating operations at Foxboro campus; loss of more than 100 jobs". The Sun Chronicle. Retrieved February 15, 2023.
  65. ↑ "Schneider Electric buys Asco, raises 2017 guidance". CNBC. 2017-07-27. Archived from the original on 2020-09-15. Retrieved 2017-11-07.
  66. ↑ Tan, Huileng (2017-09-24). "Schneider Electric CEO: Aveva acquisition combines software and engineering strengths". CNBC. Retrieved 2017-09-25.
  67. ↑ Hurst, Aaron (January 19, 2023). "Schneider Electric completes acquisition of AVEVA". Information age. Retrieved February 15, 2023.
  68. ↑ Clarke, Susan (November 24, 2020). "Schneider Electric's Acquisition Of ETAP Highlights The Strengthening Market Conditions For Microgrid Deployments". Verdantix. Retrieved February 15, 2023.
  69. ↑ Wilkinson, Paul (February 20, 2020). "Schneider Electric makes €1.4 bn bid for RIB Software". Extranet Evolution. Retrieved February 15, 2023.
  70. ↑ Moore, Paul (August 25, 2020). "Schneider Electric-controlled AVEVA buying mining real-time data major OSIsoft". International Mining. Retrieved February 15, 2023.
  71. ↑ Thomas, Tanya (August 31, 2020). "L&T sells its electrical and automation business to Schneider Electric for ₹14,000 crore". LiveMint. Retrieved February 15, 2023.
  72. ↑ McManan-Smith, Tim (January 14, 2022). "Schneider Electric acquires Zeigo PPA platform". The Energyst. Retrieved February 3, 2023.
  73. ↑ Kerencheva, Emanuela (June 22, 2022). "Schneider Electric Acquires EV Charging Platform EV Connect". ESG Today. Retrieved February 15, 2023.
  74. ↑ Spector, Julian (February 18, 2022). "Schneider snaps up solar marketplace EnergySage, aims to electrify homes". Canary Media. Retrieved February 15, 2023.
  75. ↑ Runyon, Jennifer (May 13, 2022). "Schneider Electric scoops up DERMS provider AutoGrid". Smart Energy International. Retrieved February 15, 2023.
  76. ↑ "Schneider Electric". Forbes.
  77. ↑ "The Power Of The Grid In An Intelligent Distributed World". Forbes.
  78. ↑ "Schneider Electric Rolls Out a Series of EcoStruxure Platforms | ARC Advisory Group". arcweb.com. 27 September 2017. Retrieved 2019-05-17.
  79. ↑ ReportLinker (2020-11-24). "The Global Smart Factory Market was valued at USD 252.29 Billion in 2019, and it is expected to reach USD 422.88 Billion by 2025, registering a CAGR of 9.33% during the forecast period, 2019-2025". GlobeNewswire News Room (Press release). Retrieved 2020-12-03.
  80. ↑ "Schneider Electric Launches Digital Twin Software Solution". Yahoo Finance. 3 June 2022. Retrieved 5 January 2023.
  81. ↑ Buntz, Brian (15 November 2018). "Schneider Electric Ventures Debuts at Innovation Summit" . Retrieved 17 December 2022.
  82. 1 2 "Aims to enhance OT exposure detection capability by identifying misconfigured connected devices Seeks to improve overall security of customers and partners in the OT environment". GlobeNewswire (Press release). 8 January 2023. Retrieved 9 January 2023.
  83. ↑ "Schneider Electric forme un nouveau partenariat sur l'identification des risques technologiques opérationnels mondiaux". Zonebourse. 9 January 2023. Retrieved 9 January 2023.
  84. ↑ "Legal information". se.com. Retrieved 2019-03-15.
  85. ↑ Arakali, Harichandan (March 9, 2022). "Help develop global leaders at your organisation: Schneider Electric". Forbes India. Retrieved November 16, 2022.
  86. ↑ McNees, Marissa (January 4, 2022). "Schneider Electric introduces home energy solutions made from recycled ocean plastics". Recycling Today. Retrieved November 16, 2022.
  87. ↑ Campbell, Charlie (October 17, 2022). "How Schneider Electric's CEO Made It One of the Most Sustainable Companies in the World". Time. Retrieved November 16, 2022.
  88. ↑ "India's Schneider Electric Infrastructure posts second-quarter profit". Reuters. November 3, 2022. Retrieved November 16, 2022.
  89. ↑ "Boston's Schneider Electric appoints Dallas-based Joshua Dickinson to CFO for North America". Dallas Business Journal. September 29, 2022. Retrieved November 16, 2022.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.