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.

For more information on companies in this article

Related Content

  • 2017 GNSS Market Report looks at latest trends shaping road transportation
    May 11, 2017
    The fifth edition of the European GNSS Agency’s (GSA) 2017 GNSS Market Report offers a comprehensive look at the global GNSS market, providing an analysis per market segment (location-based services (LBS), road transportation, aviation, maritime, rail, agriculture, surveying and timing and synchronisation), region and application type, including information on shipments, revenues and installed device base. In the road sector, according to the report, European GNSS, including Galileo and EGNOS, significantly
    Read More
  • McCain takes on the Swarco name
    August 19, 2022
    It was in 2016 when US-based ITS supplier McCain became a part of the Swarco family.
    Read More
  • Capita and Morphean to partner on video surveillance
    July 21, 2016
    UK professional services company Capita is to integrate Morphean’s software into its CloudVision platform, a hosted video surveillance and analytics service using automated technology to simplify security management and intelligence gathering. The system’s sophisticated analytics include cross line detection, which detects moving objects that cross a virtual line, and digital auto tracking, which automatically detects and follows moving objects such as people and vehicles. CloudVision also offers intrusi
    Read More
  • Flir Systems to acquire Point Grey Research
    October 4, 2016
    US-based Flir Systems is to acquire the business of machine vision camera developer Point Grey Research in a deal which Flir believes will augment its existing OEM cores and components business by adding a broad range of visible spectrum machine vision cameras and solutions. In addition, Flir’s thermal sensor technology will extend Point Grey’s product range into new applications. The business will become Flir’s Integrated Imaging Solutions line of business operating within the OEM and Emerging segment.
    Read More

Highlighted Content