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Schneider Electric to acquire Telvent and double its software development competencies

  • Acquisition is in line with Schneider Electric’s ambition to become a complete solution provider
  • Electrical utility customers can now get complete substation automation and smart grid software
  • Information management solution to monitor and optimise networks now available to water and oil & gas operators
  • Integrated solutions combining information and intelligent transport systems offered to large transport operators and municipalities seeking to improve efficiency

Schneider Electric will acquire Telvent, a solution provider specialising in value-added IT software and solutions for real-time management of mission critical infrastructure in the fields of electricity, oil & gas, water and transportation.

Based in Madrid, Telvent employs more than 6,000 people worldwide. In Australia, the company lists offices in Brisbane, Sydney, Melbourne and Perth. 

By acquiring Telvent, Schneider Electric will integrate a value-added software platform that presents a fit with its own range in field device control and operation management software for the smart grid and efficient infrastructures. The Group will also double its overall software development competencies and enhance its IT integration and software service capability, including weather services.

Smart Grid: Schneider Electric will be able to offer electrical utility customers complete substation automation and smart grid software suite: DMS (Distribution Management System), OMS (Outage Management System), SCADA (Supervisory Control And Data Acquisition), MDM (Meter Data Management), GIS (Geographical Information System).

Efficient Infrastructures: For water and oil & gas operators, Schneider Electric will add to its integrated offers of automation, power and security management an information management solution to monitor and optimise their networks.

Transportation: For large operators of transportation infrastructure and municipalities, Telvent provides an integrated suite of solutions that combine information and intelligent transport systems and services to improve efficiency of existing infrastructure, facilitate mobility of people and reduce pollution. This ability to manage extensive and flow-based networks in cities will be a major contribution to Schneider Electric’s offers for the Smart Cities.

Complementary Geographical Coverage: The complementary geographical coverage of the two companies will lead to synergies in the utilities, oil & gas, water and transportation markets: Schneider Electric plans to build on Telvent’s presence in North America and Latin America. Telvent would be able to enter into many more new economies, notably in Asia-Pacific, Middle East, Russia and expand their presence more widely in Western Europe.

Jean-Pascal Tricoire, Schneider Electric’s President and CEO, commented: “The acquisition is in line with our ambition to become a complete solution provider for our customers.”

[Image courtesy Telvent.]

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