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SCHNEIDER ELECTRIC ACQUISITION
Schneider Electric to buy US software firm PTC for $22.6 billionFrench energy and software group Schneider Electric said Monday that it would buy PTC, a US-based maker of software for industrial clients,...- Global Market: European stocks edge up; Schneider plunges after PTC dealEuropean shares edged 0.2% higher, recovering from last week’s losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dr...
- France's Schneider Electric nears $20 billion deal to buy US software group PTC: ReportSchneider Electric is reportedly nearing a deal to acquire US-based software company PTC for about $20 billion. The Financial Times highlig...
- AI race is pushing companies deeper into college campusesCompanies are strengthening campus partnerships to develop essential future workforce skills. These collaborations focus on AI, machine lea...
- Abu Dhabi's IHC gets CCI nod to acquire stake in Sammaan CapitalIndia's fair trade watchdog, CCI, has greenlit Abu Dhabi's International Holding Company's acquisition of stakes in Sammaan Capital, a non-...
- Schneider Electric to buy remaining stake in India business for $6.4 billionSchneider Electric is set to acquire the remaining 35% stake in its Indian joint venture from Temasek for a substantial 5.5 billion euros. ...
- Schneider said to be in talks to buy Temasek’s stake in Indian JV Schneider ElectricSchneider Electric is reportedly in discussions to acquire Temasek Holdings' 35% stake in their Indian joint venture, Schneider Electric In...
- India is now at par with Schneider Electric’s France business: India MD Anil ChaudhryAs a part of its strategy to expand its presence in India, Schneider Electric announced a Rs 14,000 crore deal to acquire L&T’s E&A divisio...
- L&T closes Rs 14,000 crore deal to sell electric division to Schneider ElectricL&T Group Chairman AM Naik said that the deal is a “win-win” for the company’s employees, business partners, and shareholders.
- CCI seeks public comments on Schneider-L&T dealIn a public notice Tuesday, the Competition Commission of India (CCI) said stakeholders have to submit their comments within 15 working day...
- Schneider Electric India head Anil Chaudhry says cash crunch, inventory pile-up hit industrySchneider Electric India's head says that electric equipment makers are facing cash crunch and sitting on huge inventories as customers hav...
- Schneider leverages Luminous outlets for retail productsExpressing optimism about the country's growth, Chaudhry said the company remains open to both organic and inorganic growth streategy.
- Schneider Electric to buy 74% in Luminous for Rs 1,400 croreLuminous Power would continue to operate with the same management and brand. Luminous had debt of 240 crore at the end of March, earned Rs ...
- Schneider Electric plans new products for Indian marketLooking to boost its India business, French major Schneider Electric plans to introduce new home automation products as well as expand geog...
- Schneider Electric buys 74% Of Luminous Power for around 215 million EurosLuminous which employs 3,000 people will provide Schneider a broad customer base with 3 million existing inverter users.
- Schneider weighing Tyco takeover optionsA purchase would help Schneider expand beyond electrical-grid management and parts by adding ADT, the biggest security systems firm.
- Schneider Electric in talks to buy stake in LuminousFrench energy major Schneider Electric is in advanced talks to acquire a majority stake in the Delhi-based Luminous Power Technologies, peo...
- Zicom to sell security units to Schneider for Rs 225 crMumbai-based Zicom Electronic Security Systems said it has agreed to sell two of its security system business units to Luxembourg-headquart...
- Schneider acquires APC in $6.1bn dealSchneider Electric, the world’s biggest supplier of circuit breakers, agreed to buy APC for $6.1bn to become the No 1 maker of gear that pr...
- Schneider targets Anchor switch unitSchneider Electric India, a 100% subsidiary of Schneider Electric Industries, is eyeing Anchor Electrical’s switches division.
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