Schneider Electric, the global specialist in energy management and automation, announced today that it has signed an agreement to acquire Asco Power Technologies (”ASCO”), a leader in the Automatic Transfer Switch (“ATS”) market for a consideration of $1,250m (c.€1,072m) in an all cash transaction.
ProSoft Technology® has been awarded the First Prize “Partner of the Year 2013” honor by Schneider Electric’s Collaborative Automation Partner Program (CAPP)
Schneider Electric, the global specialist in energy management, has introduced the Smart Panels system to foster sustainable energy savings in small to midsize buildings, such as public and commercial offices, retail premises, and hotels.