Schneider Electric Agrees to Acquire InStep Software

Schneider Electric has entered into an agreement to acquire InStep Software, a provider of real-time performance management and predictive asset analytics software. The transaction is expected to close in Q4 2014, subject to regulatory and other closing conditions. Financial terms were not disclosed.

“Schneider Electric has entered into an agreement to acquire InStep Software, a leading provider of real-time performance management and predictive asset analytics software solutions.”

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