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
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 €35.9 billion (2023) [1]
Increase2.svg€5.93 billion (2023) [1]
Increase2.svg€4.00 billion (2023) [1]
Total assets Increase2.svg€58.899 billion (2023) [1]
Total equity Increase2.svg€27.168 billion (2023) [1]
Number of employees
153,121 (2023) [1]
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, Zicom, Summit, Xantrex
Website www.se.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[2]

Schneider Electric SE is a French multinational corporation that specializes in digital automation and energy management. [3] [4]

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. [5] In fiscal year 2023, the company posted revenues of €35.9 billion. [1]

Schneider Electric is the parent company of Square D, APC, AVEVA and others. It is also a research company. [6]

History

1836–1963

In 1836, brothers Adolphe and Joseph-Eugene Schneider took over an iron foundry in Le Creusot, France. [7] 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. [8] [9] In 1871, following France's defeat in the Franco-Prussian War, the company significantly developed its capacity for weapons manufacturing. [10] 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. [10] [11]

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. [12] [13] In 1981, the Empain family sold its controlling stake to Paribas. [13] 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. [9] [14] These acquisitions included Télémécanique in 1988, [9] Square D in 1991, [15] and Merlin Gerin  [ fr ] in 1992. [16]

1999–present

In January 1999, Schneider acquired the Scandinavian switch-maker Lexel. [17] [18] Later that year, the company renamed itself Schneider Electric, to reflect its focus on the electricity sector. [17] In 2000, Schneider Electric acquired the French controls-maker Crouzet Automatismes from Thomson-CSF and the Swiss motion control specialist SIG Positec from SIG Group. [19]

In October 2006, Schneider Electric announced that it would acquire the data center equipment manufacturer American Power Conversion for $6.1 billion. [20] [21] The following February, the move was finalized following its approval by the European Commission. [22] 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. [23] [24]

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. [25] [26] The next year, it acquired the Indian multinational Larsen & Toubro's electrical and automatic business in a cash deal for ₹140 billion (US$1.7 billion). [27]

In February 2020, Schneider made a €1.4 billion takeover bid for German company RIB Software, [28] closing the deal in July 2020. [29] Also in 2020, Schneider Electric acquired ProLeiT AG, a supplier of industrial control and MES software. [30]

In January 2023, Schneider Electric's acquisition of Aveva was finalized. [31]

In November 2023, Schneider Electric finalized its acquisition of EcoAct, a company devoted to climate consulting and net-zero solutions. [32] [33] [34]

After 18 month in office, CEO Peter Herweck was removed by the board of directors and replaced with Olivier Blum in early November 2024. [35]

Notable acquisitions

Acquisition dateCompanyBusinessCountrySource
1988 Télémécanique Manufacturer of electrical circuit breakers, switchgear, and sensorsFrance [9]
1991 Square D Manufacturer of electrical circuit breakers, switchgear, and transformersUSA [15]
1992 Merlin Gerin Manufacturer of electrical circuit breakers and transformersFrance [36] [37]
1997 Modicon Manufacturer of programmable logic controllers (PLC)USA [38]
2001PDLDomestic and industrial electrical hardwareNew Zealand [39] [40]
June 2003 TAC Building automation and controlSweden [41]
March 2004KavlicoPressure sensorsUSA [42]
2004 Clipsal WiringAustralia [43]
June 2005 Juno Lighting LightingUSA [44]
July 2005BEI TechnologiesCustomized sensorsUSA [44]
2006MertenUltra terminalGermany [45]
2006 Citect SCADA system and MES automation softwareAustralia [46]
February 2007 American Power Conversion Power backup and protection and electrical distributionUSA [20] [21]
July 2009Meher CapacitorsPower factor correctionIndia [47]
March 2010Zicom Security SystemsSecurity systemsIndia [48]
April 2010SCADAgroupSCADA and control systemsAustralia [49]
December 2010Areva T&DTransmission & distributionEurope [50]
March 2011Summit EnergyEnergy managementUSA [51]
April 2011DigilinkNetwork connectivity productsIndia [52]
May 2011APW President SystemsEnclosure systemsIndia [53]
May 2011LuminousPower invertersIndia [54]
June 2011 Telvent Real-time information management systemsSpain [55]
December 2011ViridityData center management softwareUSA [56]
September 2012 SolveIT Software Planning and scheduling softwareAustralia [57]
January 2014 Invensys Multinational engineering and information technology companyUK [58]
January 2014 Foxboro Control systemsUSA [59]
July 2017 ASCO Transfer switches, power control systems, and industrial control productsUSA [60]
September 2017 (60% controlling stake) Aveva GroupInformation-technology/consulting groupUK [61]
January 2023 (remaining shares) [62]
November 2020ETAPElectrical power systems softwareUSA [63]
2020 RIB Software AEC softwareUSA [64]
2020OSISoftIndustrial data softwareUSA [65]
2020 Larsen & Toubro E&AElectrical and automation technologyIndia [66]
January 2022ZeigoClimate-tech platformUK [67]
June 2022EV ConnectElectric vehicle charging platformUSA [68]
2022 EnergySage Marketplace for solar panelsUSA [69]
2022AutoGridDistributed energy resource managementUSA [70]
November 2023EcoActClimate consultancy and Nature-Based SolutionsFrance [71]

See also

Related Research Articles

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

Siemens AG is a German multinational technology conglomerate. It is focused on industrial automation, distributed energy resources, rail transport and health technology. 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 Group is a Swedish-Swiss multinational electrical engineering corporation. Incorporated in Switzerland as ABB Ltd, and headquartered in Zurich, it is dual-listed on the SIX Swiss Exchange in Zurich and the Nasdaq Nordic exchange in Stockholm, Sweden, in addition to OTC Markets Group's pink sheets in the United States. ABB 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.

Renesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo, Japan, initially incorporated in 2002 as Renesas Technology, the consolidated entity of the semiconductor units of Hitachi and Mitsubishi excluding their dynamic random-access memory (DRAM) businesses, to which NEC Electronics merged in 2010, resulting in a minor change in the corporate name and logo to as it is now.

<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 the Nasdaq-100 and S&P 500 indices.

<span class="mw-page-title-main">National Instruments</span> American multinational company

National Instruments Corporation, doing business as NI, is an American multinational company with international operation. Headquartered in Austin, Texas, it is a producer of automated test equipment and virtual instrumentation software. Common applications include data acquisition, instrument control and machine vision. Since October 2023, NI operates as Emerson Electric's test and measurement business unit after getting acquired.

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. was a French multinational group specializing in nuclear power, active between 2001 and 2018. It was 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, in 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">Emerson Electric</span> American multinational corporation

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering solutions for industrial, commercial, and consumer markets.

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) (80.5%) and Mitsubishi Heavy Industries (19.5%).

Spirent Communications plc is a British multinational telecommunications testing company headquartered in Crawley, West Sussex, in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<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.

Citect is now a group of industrial software products sold by Aveva, but started as a software development company specialising in the Automation and Control industry. The main software products developed by Citect included CitectSCADA, CitectSCADA Reports, and Ampla. As of August 2021, Citect SCADA is now known as AVEVA Plant SCADA.

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

Cadence Design Systems, Inc. is an American 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 S.A. is a French industrial group historically based in Limoges in the Nouvelle-Aquitaine region.

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

Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. With over $100 billion in assets under management (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.

<span class="mw-page-title-main">Schneider-Creusot</span> French former steel-making, armaments and locomotive manufacturer

Schneider et Compagnie, also known as Schneider-Creusot for its birthplace in the French town of Le Creusot, was a historic iron and steel-mill company which became a major arms manufacturer. In the 1960s, it was taken over by the Belgian Empain group and merged with it in 1969 to form Empain-Schneider, which in 1980 was renamed Schneider SA and in 1999, after much restructuring, Schneider Electric.

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.

References

  1. 1 2 3 4 5 6 7 "2023 Universal Registration Document. Financial and Sustainable Development Report for the Year Ended December 31, 2023" (PDF). Schneider Electric.
  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. ↑ "1-EURO STOXX 50® (SX5E) (EU0009658145)". Qontigo.
  6. ↑ "Schneider Unveils Schneider Electric Ventures at its Innovation Summit". www.iotworldtoday.com. Retrieved 2019-03-15.
  7. ↑ "Arms and the Men". Fortune . Reprinted by The Harvard Crimson. 18 May 1934. Retrieved 11 February 2023.
  8. ↑ Quigley, Carroll (1966). Tragedy And Hope. New York: Macmillan. p. 518. ISBN   0-945001-10-X.
  9. 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.
  10. 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.
  11. ↑ 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.
  12. ↑ Mooney, Richard E. (April 19, 1966). "Business Empire Set Up in France". The New York Times . Retrieved December 1, 2022.
  13. 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.
  14. ↑ 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.
  15. 1 2 Ramirez, Anthony (1991-05-13). "Square D Agrees to Takeover". The New York Times. ISSN   0362-4331 . Retrieved 2019-03-15.
  16. ↑ "Schneider Electric Focuses on Strategy to Strengthen Merlin Gerin, Square D and Telemecanique Brands". Automation.com. Retrieved 2019-03-15.
  17. 1 2 "The world's longest-running electrical equipment companies". Power Technology. May 28, 2015.
  18. ↑ 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.
  19. ↑ "Schneider buys Crouzet and Positec to target OEMs". Drive & Controls. 2000-10-01. Retrieved 2024-03-30.
  20. 1 2 Walsh, Lawrence M. (October 30, 2006). "Viva Le Power: Schneider Buys APC". CRN. Retrieved December 1, 2022.
  21. 1 2 Miller, Rich (October 30, 2006). "Schneider Buys APC for $6.1 Billion". Data Center Knowledge. Retrieved December 1, 2022.
  22. ↑ Moltzen, Edward F.. (February 14, 2007). "Schneider Electric Wraps Up APC Acquisition". CRN. Retrieved December 1, 2022.
  23. ↑ "Areva T&D board approves name change". The Economic Times. December 26, 2011. Retrieved December 1, 2022.
  24. ↑ "Alstom and Schneider Electric Close on Areva T&D Acquisition". Power Technology. June 9, 2010. Retrieved December 1, 2022.
  25. ↑ 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.
  26. ↑ "France's Schneider to buy rest of Aveva in $11 billion deal". Reuters. September 21, 2022. Retrieved December 1, 2022.
  27. ↑ "Schneider's L&T Acquisition to Power 'Make In India' Mission | Storify News". 2019-06-17. Retrieved 2019-09-24.
  28. ↑ "Schneider Electric makes €1.4bn bid for German construction IT company". Global Construction Review. 14 February 2020. Retrieved 30 July 2021.
  29. ↑ "Schneider Electric a finalisé le rachat de RIB Software". Les Echos Investir. 10 July 2020. Retrieved 30 July 2021.
  30. ↑ "Schneider Electric SE:'s Acquisition of ProLeiT AG: Marketscreener". 8 May 2020.
  31. ↑ "Schneider Electric: acquisition d'Aveva finalisée". Boursorama. 18 January 2023. Retrieved 14 February 2023.
  32. ↑ "Conseil environnemental : Schneider Electric a finalisé l'acquisition d'EcoAct". Environment Magazine. Retrieved 3 November 2023.
  33. ↑ "Schneider Electric finalise l'acquisition d'EcoAct, spécialiste de la data sur l'environnement". La Revue du Digital. Retrieved 3 November 2023.
  34. ↑ "Conseil climatique: Schneider Electric finalise l'acquisition d'EcoAct". Connaissance des Energies. Retrieved 3 November 2023.
  35. ↑ "Der Industrieriese Schneider schmeißt seinen deutschen Chef raus". FAZ. Retrieved 4 November 2024.
  36. ↑ Bourbon, Jean-Claude (July 9, 2020). "Schneider takes another step into digital". La Croix. Retrieved February 15, 2023.
  37. ↑ Lepetit, Bérangère (March 30, 2019). "Schneider Electric's "private and free" school has been training since 1930". Le Parisien. Retrieved February 15, 2023.
  38. ↑ Peterson, David (March 2, 2022). "The Origin Story of the PLC". Control Automation. Retrieved February 15, 2023.
  39. ↑ "Schneider completes PDL takeover". The New Zealand Herald . 22 June 2001. Retrieved 10 April 2014.
  40. ↑ "Company". Schneider-Electric. Retrieved 10 April 2014.
  41. ↑ "EQT divests TAC to Schneider Electric". EQT. June 12, 2003. Retrieved February 15, 2023.
  42. ↑ "Schneider buys Kavlico and takes a stake in Elau - Drives and Controls Magazine". drivesncontrols.com. Retrieved 2020-07-02.
  43. ↑ Menon, Ravi (January 20, 2013). "Schneider to widen Clipsal reach". Business Standard. Retrieved February 15, 2023.
  44. 1 2 John, Peter (July 22, 2005). "Schneider buys BEI Technologies for $562m". Financial Times. Retrieved February 15, 2023.
  45. ↑ "Schneider Electric gets GET in the UK". Drives & Controls. September 1, 2006. Retrieved February 15, 2023.
  46. ↑ "Citect CEO Excited to be There". Automation World. August 1, 2006. Retrieved February 15, 2023.
  47. ↑ Singh, Seema (August 6, 2009). "Schneider acquires Meher Capacitors". LiveMint. Archived from the original on August 10, 2009. Retrieved February 15, 2023.
  48. ↑ "Zicom to sell security units to Schneider for Rs 225 cr". The Times Of India. 6 March 2010. Archived from the original on April 3, 2015. Retrieved 2015-03-08.
  49. ↑ "Schneider buys Australia's SCADA group". 14 April 2010. Archived from the original on 2010-04-17. Retrieved 2012-03-23.
  50. ↑ "Alstom and Schneider for Areva T&D". World-nuclear-news.org. 2009-12-01. Retrieved 2015-03-08.
  51. ↑ Guevarra, Leslie (March 25, 2011). "Schneider's $268M Acquisition of Summit Energy Tightens EECA Market". GreenBiz. Retrieved February 15, 2023.
  52. ↑ "Smartlink Network sells Digilink to Schneider for Rs 503 cr". The Times Of India. 1 April 2011. Archived from the original on July 7, 2012. Retrieved 2015-03-08.
  53. ↑ "Schneider Electric acquires 75 pc stake in APW President Systems". The Times Of India. Archived from the original on August 8, 2011. Retrieved 2015-03-08.
  54. ↑ "Schneider to acquire 74% stake in Luminous Power". The Hindu. 31 May 2011.
  55. ↑ Abboud, Leila (June 1, 2011). "Schneider Electric to buy grid software group Telvent". Reuters. Retrieved February 15, 2023.
  56. ↑ "Schneider snags Viridity to see how many watts servers suck". Gigaom. 2011-12-20. Retrieved 2015-03-08.
  57. ↑ Crozier, Ry (September 3, 2012). "SolveIT bought by Schneider Electric". CRN. Retrieved February 15, 2023.
  58. ↑ Schultz, Jordan M. (January 17, 2014). "Schneider Electric completes acquisition of Invensys". Control Engineering. Retrieved February 15, 2023.
  59. ↑ 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.
  60. ↑ "Schneider Electric buys Asco, raises 2017 guidance". CNBC. 2017-07-27. Archived from the original on 2020-09-15. Retrieved 2017-11-07.
  61. ↑ Tan, Huileng (2017-09-24). "Schneider Electric CEO: Aveva acquisition combines software and engineering strengths". CNBC. Retrieved 2017-09-25.
  62. ↑ Hurst, Aaron (January 19, 2023). "Schneider Electric completes acquisition of AVEVA". Information age. Retrieved February 15, 2023.
  63. ↑ Clarke, Susan (November 24, 2020). "Schneider Electric's Acquisition Of ETAP Highlights The Strengthening Market Conditions For Microgrid Deployments". Verdantix. Retrieved February 15, 2023.
  64. ↑ Wilkinson, Paul (February 20, 2020). "Schneider Electric makes €1.4 bn bid for RIB Software". Extranet Evolution. Retrieved February 15, 2023.
  65. ↑ Moore, Paul (August 25, 2020). "Schneider Electric-controlled AVEVA buying mining real-time data major OSIsoft". International Mining. Retrieved February 15, 2023.
  66. ↑ 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.
  67. ↑ McManan-Smith, Tim (January 14, 2022). "Schneider Electric acquires Zeigo PPA platform". The Energyst. Retrieved February 3, 2023.
  68. ↑ Kerencheva, Emanuela (June 22, 2022). "Schneider Electric Acquires EV Charging Platform EV Connect". ESG Today. Retrieved February 15, 2023.
  69. ↑ Spector, Julian (February 18, 2022). "Schneider snaps up solar marketplace EnergySage, aims to electrify homes". Canary Media. Retrieved February 15, 2023.
  70. ↑ Runyon, Jennifer (May 13, 2022). "Schneider Electric scoops up DERMS provider AutoGrid". Smart Energy International. Retrieved February 15, 2023.
  71. ↑ EcoAct, EcoAct (November 2, 2023). "Schneider Electric finalizes acquisition of EcoAct". EcoAct website. Retrieved November 2, 2023.
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.