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The data centre and networks market accounted for 21% of Schneider's 2023 orders, or about 8 billion euros ($8.7 billion)worth of sales, Herweck added, and is seeing double digit growth this year.
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.
APC by Schneider Electric (formerly American Power Conversion Corporation) is a manufacturer of uninterruptible power supplies (UPS), electronics peripherals, and data center products. In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric's Critical Power & Cooling Services Business Unit, [1 ...
In 2020, conglomerate Schneider Electric invested in EnergySage during the COVID-19 pandemic, [8] and by 2021 the company's separate marketplace for community solar included nine states. [9] In February 2022, Schneider Electric announced that it had acquired EnergySage for an undisclosed amount, with EnergySage continuing to operate independently.
Compass Datacenters LLC Is an American multinational data center company. It is a significant player in the hyperscale computing space, [ 1 ] with approximately 17 active datacenter campuses in the US, and internationally in Canada and Israel.
Schneider announced in early 2011 that it had reached a deal to acquire Telvent, and in August received regulatory approval to complete the €1.4B acquisition. [31] [32] [33] Telvent DTN's revenue at the time of the acquisition was approximately $213 million. [34] In June 2014 DTN acquired RevCo, a St. Louis-based agricultural data management ...
Schneider Electric became the largest shareholder with a 60% ownership interest. [ 29 ] On 21 September 2022, Schneider agreed to a full takeover of AVEVA by paying about £3.87 billion (US$4.4 billion) for the remaining equity, valuing the whole of AVEVA at around £9.48 billion (US$10.8 billion).
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