29/04/2020
Schneider Electric SE is a French multinational corporation specializing in electrical equipment that is headquartered in Rueil-Malmaison, France. It is also based at the World Trade Center of Grenoble.
Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.[3] In FY2019, the company posted revenues of €27.2 billion.[4]
Schneider Electric is the parent company of Square D, APC and others. It is also a research company, investing EUR10 billion in innovation and R&D for sustainable development between 2015 and 2025.[5] The company holds 20,000 patents either active or in application worldwide and invests 5% of its annual revenue in Research and Development.[6]
The company began in 1836 as Schneider & Cie. It was ultimately renamed Schneider Electric in May 1999.
Subsidiaries
Luminous Power Technologies Pvt Ltd., invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit, Xantrex
ProductsBuilding automation, home automation, switches and sockets, industrial safety systems, industrial control systems, electric power distribution, electrical grid automation, Smart Grid, critical power & cooling for datacenters