Deal closed May 2004
Schneider Electric prior acquisition of TAC
Schneider Electric notes its June 2003 acquisition of TAC established it in the building automation market, providing context for the Andover Controls deal.
“The June 2003 acquisition of TAC established Schneider Electric in the building automation market.”
Entities
Schneider Electric · Acquirer TAC · Target
Other
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.