Schneider Electric Offers $5 Billion for Invensys Takeover!
7/26/2013 4:09:41 PM
Schneider is in talks to purchase Invensys for $5 billion. The purchase would bring the buyer meters, controls and safety systems to help manage heating, temperature and remote monitoring applications. These products are used in a range of industries from oil refineries and power stations to mining companies and appliance manufacturers.

(Source from Bloomberg.com)
Posted by: GTH Field Services | Submit comment | Tell a friend



Categories: Automation

Share and enjoy: Facebook

 

© Copyright 2018, George T Hall Company. All rights reserved.