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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 ...
Schneider Electric SE is a European multinational corporation based in France that specializes in digital automation and energy management. [ 3 ] [ 4 ] Registered as a Societas Europaea , 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 ]
Square D is a flagship brand of Schneider Electric, which acquired the company in 1991. The company was listed on the New York Stock Exchange for 55 years prior to its acquisition without reporting financial loss in any calendar quarter, paying out 220 consecutive quarterly dividends to shareholders.
Triconex is a Schneider Electric brand that supplies products, systems, and services for safety, critical control, and turbo-machinery applications. Triconex also use its name for its hardware devices that use its TriStation application software.
The years 2002 and 2003 brought further development for TAC Group with its acquisition of both Control Solutions and MicroSign in 2002 before TAC Group was itself acquired by French-based Schneider Electric in 2003. In 2004, the company bought Seattle-based Abacus Engineered Systems which was then merged with the Energy Solutions Division of TAC.
In 2001, Legrand was subject to a friendly takeover bid by Schneider Electric for all of its capital. Schneider Electric acquired up to 98,1% of Legrand's capital. If minority stakeholders and eventually the company's management opposed the bid, a veto from the European Commission about competition issues would cause the transaction to ...
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