Schneider Electric to acquire American Power Conversion
Paris-based Schneider Electric and West Kingston, R.I.-based American Power Conversion Corp. recently entered a definitive merger agreement under which Schneider Electric will acquire all oustanding shares of APC. The combination of the two companies will create a business for both single-phase and three-phase uninterruptible power supply (UPS) systems as well as a provider of integrates systems for IT and data center applications.
The transaction, expected to close in the first quarter of 2007, totals $6.1 billion and is subject to approval by APC shareholders.
Want to use this article? Click here for options!
© 2012 Penton Business Media, Inc.
Latest Articles
Labeling tool
Feb 10, 2012 7:58 AM
Emergency lighting controls
Feb 9, 2012 8:40 AM
Cupertino Electric Sponsors Construction Industry Academic Competition
Feb 8, 2012 4:14 PM
Trending Articles
Acceptable Use Policy blog comments powered by Disqus
advertisement
product spotlight
Labeling tool
Feb 10, 2012 7:58 AM
The Rhino 4200 labeling tool features one-touch “hot keys” that quickly create and format wire/cable wraps, flags, fixed-length labels and more...
View all 2012 Product Spotlights
Free Product Info
Our Product Information site is the ultimate online resource for products and services offered by Advertisers featured in our Magazine. This service is provided as a quick and easy way to request Product Information online. Get FREE product information now.



































