Schneider Electric
Company
France faces tough choices on Areva T&D sale...three bids for the Areva's electricity transmission & distribution (T&D) business -- from GE, Toshiba, and a French consortium of Alstom and Schneider Electric -- each of which potentially hurts French economic interests in different ways. In this article: Areva, GE, France, Alstom, Schneider Electric, Toshiba, and Suez |
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FT.com - Companies | 2 days ago
European companies eye emerging market growth
...sales in emerging markets but has total revenues more than double those Siemens, Europe's largest engineering group. Siemens and Schneider Electric of France both have one-third of sales in emerging markets but no targets for the future.
In this article: Revenue, Europe, MAN, Renault, Siemens, Philips, Huawei, Gerard Kleisterlee, and Boston Consulting Group
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Pittsburgh Post-Gazette | 3 days ago
European Ombudsman Criticizes Inquiry Into Intel
...travel operators, Airtours and First Choice. The same year, the court cited investigative errors in overturning the decision to block the merger of Schneider Electric and Legrand. This article originally appeared in The New York Times.
In this article: Intel, Dell, Allegation, and Brussels
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Columbia Daily Tribune | 7 days ago
Franchisee brings Denny's back to Columbia
In a news release, the company attributed the cuts to "current economic conditions and its ongoing efforts to remain competitive. " Schneider Electric is a French company with North American operations based in Palatine, Ill. The...
In this article: San Antonio
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PR Newswire: Technology | November 12, 2009
EarthLink Delivers Compelling Online Experience With Autonomy Optimost
...Bank of America, BT, Channel 4, Delta Air Lines, Discovery Communications, FedEx, Ford, Konica Minolta, Lenovo, McAfee, Qantas Airways, Schneider Electric, Shutterfly, Tesco and Virgin Mobile. Winifred Shum Ian Bain Autonomy (US) The...
In this article: EarthLink, Autonomy Corporation, Customer base, Leverage, Revenue, American Medical Association, Avaya, Adidas, and Qantas Airways
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Reuters | November 09, 2009
UPDATE 2-Japan's Toshiba makes solo bid for T&D unit-sources
...Nov. 23. Bids are expected from U.S.-based General Electric <GE.N>, Toshiba and a French consortium made up of Alstom <ALSO.PA> and Schneider Electric <SCHN.PA>. Alstom used to own T&D before selling it in 2004 to Areva for less than 1...
In this article: Toshiba, Alstom, General Electric, AXA Private Equity, Areva, AXA, U.S., and Joint venture
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FACTBOX-Key facts on bids for Areva T&D unit
Following is a list of bidders and facts surrounding the business. ALSTOM-SCHNEIDER * French partners Alstom <ALSO.PA> and Schneider Electric <SCHN.PA> plan to split the T&D unit, with Alstom running the transmission and Schneider the...
In this article: Areva, Alstom, General Electric, Toshiba, Fiscal year, and Revenue
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Toshiba, UAE's Taqa eye joint Areva T&D bid-sources
...familiar with the matter said. Areva has chosen Japan's Toshiba, General Electric <GE.N> and French partners Alstom <ALSO.PA> and Schneider Electric <SCHN.PA> as possible buyers for the unit in a deal sources have said could be worth...
In this article: Toshiba Corp, Areva, Alstom, General Electric, UAE, Japan, and Reuters
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Jet Airways Transforms Web Presence With Autonomy Interwoven's Meaning Based Marketing Solution
...Avaya, Bank of America, BT, Channel 4, Delta Air Lines, Discovery Communications, FedEx, Ford, Konica Minolta, Lenovo, McAfee, Qantas Airways, Schneider Electric, Shutterfly, Tesco and Virgin Mobile. Please visit www.autonomy.com/interwoven...
In this article: Jet Airways, Autonomy Corporation, India, Mumbai, Chennai, Delhi, Kolkata, and Bengaluru
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UPDATE 1-Schneider Electric posts in-line sales, raises outlook
...margin target * Demand in mature companies stabilised but soft * Asia holding up better French electrical equipment maker Schneider Electric <SCHN.PA> met forecasts with a 17 percent fall in third-quarter sales and raised its...
In this article: Asia, Recession, Rockwell Automation Inc., and General Electric
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New Kerala | September 15, 2009
Wipro, Schneider enter partnership
Bangalore, Sep 15 : IT Major Wipro Ltd and Schneider Electric, a global specialist in energy management, have entered into a partnership in the field of Industrial Automation. This would allow Wipro to market several of Schneider Electric...
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Description from Wikipedia:
Schneider Electric (Euronext: SU) is a French global company. It was founded in 1836 by two brothers, Eugène I and Adolphe Schneider.
In the first part of the 20th century, Schneider et Cie associated itself with Westinghouse Systems, a major international electrical group at the time. The group began manufacturing electric motors and locomotives. After the Second World War, the armaments businesses were abandoned in favor of electrical engineering, and iron and steel works. The company remained in this sector until the early 1980s.
In 1981, Groupe Schneider was broken up, focusing on the electrical and controls industry. This was followed by strategic acquisitions of Telemecanique (1988), Square D (1991) and Merlin Gerin (1992) and it is these brands that are the core products of the company's offering.
In 1999, Groupe Schneider was renamed Schneider Electric. The Schneider company also acquired The Lexel Group that year.
Today, the company has grown into a world leader in Power and Control solutions through further acquisitions: Power Measurement in 2005, MGE UPS Systems, Clipsal, TAC, Nulec, Andover Controls, GET plc and Citect in 2006, and American Power Conversion in 2007.
Veris Industries, an electronic sensor manufacturer, was acquired in 1999. The newest acquisitation for the company is Pelco, a video and security system manufacturer. The transaction closed on October 17th, 2007.
- Name:
- Schneider Electric S.A.
- Type:
- Public (Euronext: SU)
- Location:
- Rueil-Malmaison, France
- Founded:
- 1836, incorporated 1981
- Industry:
- Electrical equipment
- Key People:
- Jean-Pascal Tricoire , Henri Lachmann , Pierre Bouchut
- Products:
- Programmable logic controllers, sensors, variable frequency drives, UPS, breakers, switchgear, switchboard, MCCs
- Revenue:
- €18.31 billion
- Operating Income:
- €2.580 billion
- Net Income:
- €1.682 billion
- No. of Employees:
- 113,900
- Subsidiaries:
- APC, BEI Technologies, Citect, Clipsal, ELAU, Federal Pioneer, Juno Lighting, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique
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