Electronics Production | October 31, 2006
Schneider Electric acquires APC
Schneider Electric acquires American Power Conversion for $6.1 billion.
Both French Schneider Electric and American Power Conversion manufactures equipment för power supply and uninterruptable power supplies. Schneider also manufactures a number of different products such ass transformers, power switches and RFID products. The merged companies are expecting to cut costs by aligning their R&D operations, sales and services.