Schneider Electric to acquire Invensys Building Systems in North America and Asia

Schneider Electric announced it will acquire Invensys Building Systems (IBS) operations in North America and Asia, subject to regulatory approvals, complementing its building automation platform. IBS generated $142 million in revenue with $20 million operating profit.

“RUEIL MALMAISON, France - Schneider Electric has announced that it will acquire Invensys Building Systems (IBS) operations in North America and Asia, subject to regulatory approvals.”

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