Schneider Electric to acquire InStep Software

Schneider Electric entered an agreement to acquire InStep Software, a provider of real-time performance management and predictive asset analytics software, expanding its Software business; expected to close in Q4 2014.

“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. Schneider said it is the latest acquisition from the company’s growing Software business.”

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.