Schneider Electric

French multinational digital automation and energy management company

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December 2024 The company announced a partnership with Nvidia to design data center cooling systems.
November 2024 CEO Peter Herweck was removed by the board of directors and replaced with Olivier Blum after 18 months in office.
October 2024 Acquired Motivair, a company specializing in liquid cooling and advanced thermal management solutions from the USA.
November 2023 Finalized the acquisition of EcoAct, a company focused on climate consulting and net-zero solutions.
January 2023 Finalized the acquisition of Aveva.
2022 Schneider Electric acquired EnergySage, a marketplace for solar panels from the USA.
2022 Schneider Electric acquired AutoGrid, a distributed energy resource management company from the USA.
June 2022 Schneider Electric acquired EV Connect, an electric vehicle charging platform from the USA.
January 2022 Schneider Electric acquired Zeigo, a climate-tech platform from the UK.
2020 Schneider Electric acquired Lauritz Knudsen E&A (Larsen & Toubro E&A), an electrical and automation technology company from India.
2020 Schneider Electric acquired OSISoft, an industrial data software company from the USA.
2020 Acquired ProLeiT AG, a supplier of industrial control and MES software.
2020 Schneider Electric acquired AVEVA Group, a major industrial software company, to strengthen its digital transformation and industrial automation portfolio.
November 2020 Schneider Electric acquired ETAP, an electrical power systems software company from the USA.
July 2020 Closed the acquisition deal for RIB Software.
February 2020 Schneider made a €1.4 billion takeover bid for German company RIB Software.
2018 The company completed the acquisition of AVEVA Group plc, a global leader in industrial software, to drive digital transformation in industries.
2017 The company acquired Wonderware, further expanding its industrial software and digital transformation offerings.
September 2017 Schneider Electric acquired a 60% controlling stake in Aveva Group, an information-technology and consulting group from the UK.
July 2017 Schneider Electric acquired ASCO, a company specializing in transfer switches, power control systems, and industrial control products from the USA.
2016 Schneider acquired Tower Electric, a British company manufacturing fixings and fastenings for construction and electrical firms.
2014 Schneider Electric acquired Invensys, a UK-based software and automation company, to boost its industrial automation and control systems capabilities.
January 2014 Schneider Electric acquired Foxboro, a control systems company from the USA.
2010 The company acquired APC (American Power Conversion), enhancing its capabilities in power management and cooling solutions.
June 2010 Schneider and Alstom jointly purchased Areva's transmission and distribution businesses in a $2.73 billion transaction.

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