August 8, 2007 — Schneider Electric has announced the acquisition ofCalifornia-based Pelco Inc., a privately held company. Pelco is a worldwide leader in the design, development and manufacturing of video security systems.
Pelco will further strengthen Schneider Electric’s Building Automation offering, says the company. Building Automation, which encompasses power and HVAC control, electronic security and fire safety, is one of Schneider Electric’s new businesses. The acquisitions of TAC, Andover Controls and Invensys Building Systems have enabled the Group to become a major player in that business, says Schneider.
Security management, power and HVAC control are increasingly integrated into a single building automation system to answer growing customers’ needs for security and energy efficiency, says the company. This integration provides customers with significant savings on both investment and operating costs.
Through the acquisition of Pelco, Schneider Electric rebalances its Building Automation solutions portfolio by reinforcing its already existing security platform. For more information, see the Schneider Web site.
