Schneider Electric expand their Building Automation offering with the acquisition of Calilfornia-based Pelco, leader in the design, development and manufacturing of video security systems
Pelco will further strengthen Schneider Electric’s Building Automation offering
Commercial, industrial and residential buildings represent more than 50% of Schneider Electric business. 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.
Security management, power and HVAC control are increasingly integrated into a unique building automation system to answer growing customers’ needs for security and energy efficiency. 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 (sales of €155 million in 2006) and strengthens its ability to offer fully integrated systems.