Schneider Electric seeks to acquire Invensys

The board of Schneider Electric has reached an agreement on the terms of a recommended offer by Schneider Electric to acquire the entire issued and to be issued share capital of Invensys, in a deal that the company says will boost its position in integrated industrial automation and electro-intensive market segments. According to Schneider, the acquisition will bring the company strong brands and presence in software for customer operational efficiency. Acquiring a global automation player with a large in
August 5, 2013 Read time: 1 min
The board of 729 Schneider Electric has reached an agreement on the terms of a recommended offer by Schneider Electric to acquire the entire issued and to be issued share capital of Invensys, in a deal that the company says will boost its position in integrated industrial automation and  electro-intensive market segments.

According to Schneider, the acquisition will bring the company strong brands and presence in software for customer operational efficiency.  Acquiring a global automation player with a large installed base will strengthen its global business and boost its position in the integrated industrial automation and electro-intensive market segments.

Related Content

  • Schneider Electric aids New Hampshire DOT winter weather forecasts
    August 20, 2014
    Schneider Electric partnered with the New Hampshire Department of Transportation (NHDOT) during the 2013-2014 winter season as part of the Certified Public Manager (CPM) Program. The five-month partnership revealed precipitation forecasts from Schneider Electric to be more accurate in start and end times than a second weather/pavement forecasting service utilised by NHDOT. Schneider Electric created and customised a system to provide NHDOT with the most accurate precipitation forecasts, which are key to
    Read More
  • Trends in automotive technology
    March 14, 2012
    Continental has become a leading player in vehicle technology and telematics. The firm’s executive board chairman Elmar Degenhart describes to Jason Barnes Continental’s views on the ‘megatrends’ of the automotive industry Strategic moves to diversify Continental’s business from rubber-related products began in the late 1990s with the acquisition of ITT Teves and its brake business. This brought on board know-how relating to the then new electronic stability control (ESC) systems which today form an import
    Read More
  • Bosch buys AV specialist Five
    April 12, 2022
    Testing platform gives engineers programs they need to create automated driving software
    Read More
  • Schneider Electric open road tolling for New Hampshire
    March 13, 2013
    The New Hampshire Department of Transportation (NHDOT) has exercised its contract option to convert its traditional manual toll lanes at the Interstate 93 Hooksett Toll Plaza into an Open Road Tolling (ORT) system using Schneider Electric’s SmartMobility Tolling Solution. Schneider Electric will install tolling technologies into the existing road infrastructure in order to convert the centre portion of the toll plaza from conventional toll lanes to ORT. Toll tag readers for E-ZPass will be integrated with o
    Read More

Highlighted Content