This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here

Tracking global change in IT Infrastructure
  • Datacloud Nordic 2016
  • Datacloud Nordic 2016

News Archive

Schneider bids for Telvent for US$2 Billion

Schneider Electric, the world’s biggest maker of low- and medium-voltage equipment, agreed to buy Spain’s Telvent GIT SA for about US $2 billion to double its software development capacity.

Telvent extends Schneider’s move into software and real- time monitors to help manage power grids and other infrastructure efficiently, joining peers like ABB Ltd. After holding preliminary talks with Tyco International Ltd., Schneider Chief Executive Officer Jean-Pascal Tricoire has said in recent weeks he prefers small- and mid-sized targets.

Source: Bloom berg

Here for full article

Feltham Data Center

Data Center Luxembourg

Datacloud Nordic 2016

Get the latest Datacentre industry news

Subscribe now to receive your daily news email with insights, worldwide headlines & much more, and it's FREE.

Sign-up today and receive a free detailed overview of the acclaimed "Western Europe Data Centre Market" Report plus unique 25% discount off the full price.