Aveva shareholders attempt to thwart acquisition by Schneider Electric
Two major Aveva shareholders are opposing the proposed acquisition of Aveva by Schneider Electric. In their view, the bid of 11 billion euros (9.5 billion British pounds) is too low.
The two major shareholders, Mawer Investment Management and M&G Investments, consider the bid to be opportuni... Read more
Schneider Electric to acquire Aveva in $11 billion deal
Schneider Electric, a French industrial conglomerate, announced the acquisition of British software developer Aveva, proposing £31 per share in a deal valued at £9.48 billion (nearly $11 billion).
Schneider Electric said its offer represents a 41 precent premium on Aveva's share price of £21.... Read more
Schneider Electric considers multibillion-euro acquisition of Aveva
Schneider Electric is considering the acquisition of Aveva, a British industrial software provider. The announcement caused Aveva's share price to soar by 32 percent.
Schneider Electric currently holds a majority stake in Aveva. The organization is considering a buyout of the remaining sharehol... Read more
Schneider Electric and Dell Technologies integrate UPS and HCI
Schneider Electric and Dell Technologies teamed up to develop a solution that automates the shutdown of hyper-converged infrastructure and associated VMs. The safety net prevents data loss in the event of a power outage.
Schneider Electric and Dell Technologies frequently collaborate on solutio... Read more
NTT joins with Schneider Electric to power IoT environments
The companies aim to enable a secure and on-premises end-to-end digital platform
This week NTT announced its collaboration with Schneider Electric to deliver Private 5G (P5G) – an on-premise private network solution and digitization enabling platform that can dramatically advance digital solut... Read more
Schneider Electric joins forces with Fortinet partnership
Schneider Electric and Fortinet have combined their resources to form a partnership intended to provide cybersecurity solutions. The aim is to address the unique needs of operational technology networks.
The terms of this agreement indicate that Schneider Electric will integrate Fortinet’s fir... Read more
Schneider Electric launches cooling for edge and micro data centers
Schneider Electric, a specialist in energy management solutions and applications for IT environments, has recently launched a compact cooling system for use in edge computing and micro-data center environments. This solution can be mounted directly in an IT rack.
Edge computing is increasingly b... Read more
Schneider Electric announces smart office solutions
Schneider Electric has announced a range of flexible digital services for modern and smart offices, called EcoStruxure Workplace Advisor. EcoStruxure Workplace Advisor will use real-time data from wireless sensors to facilitate flexible workplaces, improve employee health and effectively manage fac... Read more
Schneider Electric and Scale Computing launch joint solution
Schneider Electric and Scale Computing have joined forces to bring to market a joint offer for retailers. The offer is aimed at making edge computing more accessible and affordable to help retailers optimise in-store functions and enhance customer experience.
Designed for retailers
The Scale ... Read more
Schneider Electric launches EcoStruxure IT Advisor
Schneider Electric has launched its cloud-based data center management platform EcoStruxure IT Advisor. This platform is aimed at planning and modelling data center activities of large enterprises and companies behind colocation services.
The IT Advisor system is an extension of Schneider Electric's... Read more