Schneider Electric's serial building-automation roll-up via TAC platform

Schneider Electric built its building automation position through a sequence of acquisitions: TAC in June 2003, Andover Controls in July 2004, and ABS EMEA in July 2005, then merging acquired businesses into the TAC platform.

“The acquisition of TAC in June 2003 enabled Schneider Electric to become a major player in building automation. The subsequent merger between TAC and Andover Controls, acquired in July 2004, and the acquisition of ABS EMEA in July 2005, further re-enforced Schneider Electric's position, both in Europe and in the US.”

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