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Deal announced Dec 2004 · Seattle, Washington, United States Verified

Schneider Electric Acquires Abacus Engineered Systems

Schneider Electric, through its subsidiary TAC/Tour Andover Controls, announced the acquisition of Abacus Engineered Systems, a U.S.-based provider of facility energy and engineering solutions. Abacus will be merged into the TAC Americas Energy Solutions division.

“Schneider Electric has announced, through its subsidiary TAC/Tour Andover Controls, the acquisition of Abacus Engineered Systems, a U.S.-based provider of facility energy and engineering solutions.”

Entities

Schneider Electric · Acquirer Abacus Engineered Systems · Target TAC/Tour Andover Controls · Subsidiary
Other Sentiment: Positive
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.