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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.
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June 25 2019 8:13 pm V13.3.22-2