Tuesday, January 03, 2006
Schneider and TAC
A lot of BA acquistions and mergers happened in last 2 years.
Other than the cases I mentioned previously, Schneider Electric has been played actively. After Schneider gobbled up TAC in 2003 and Andover Controls in 2004, the new TAC formed in April, 2005, with estimated 2004 revenes of 0.7B.
Along with some lightweight acquisitions in consulting engineering and security/fire businesses, TAC took over almost all the building automation business of Invensys in Europe and Middle East in June, 2005. By the way, Invensys is a company in controls and automation industry who suffered a lot from its acquistion & merger failures. Here are some details.
Another notable Schneider's acquistion is Canadian based company Power Measurement (not throught TAC) in April, 2005.
Other than the cases I mentioned previously, Schneider Electric has been played actively. After Schneider gobbled up TAC in 2003 and Andover Controls in 2004, the new TAC formed in April, 2005, with estimated 2004 revenes of 0.7B.
Along with some lightweight acquisitions in consulting engineering and security/fire businesses, TAC took over almost all the building automation business of Invensys in Europe and Middle East in June, 2005. By the way, Invensys is a company in controls and automation industry who suffered a lot from its acquistion & merger failures. Here are some details.
Another notable Schneider's acquistion is Canadian based company Power Measurement (not throught TAC) in April, 2005.
# posted by comfortpoint @ 12:16 AM 
