APC 2012 Annual Report Download - page 25

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 23
OVERVIEW OF THEGROUP’S STRATEGY, MARKETS AND BUSINESSES
1
COMPANY HISTORY AND DEVELOPMENT
3.2 From Power&Control to Energy Management
Creating a major player in Building
Automation&Security
•As the result of several acquisitions, TAC in 2003, Andover
Controls in 2004 and Invensys Building Systems in 2005, we
became a major player in building automation.
•We entered the video security market in2007 with the acquisition
of Pelco.
•In recent years we have further developed our operations in
mature countries, in particular through the acquisition of two
pioneering French companies in December 2010: Vizelia, a
provider of software that monitors the energy consumption of
buildings in real time, and D5X, a specialist in solutions optimizing
the use of commercial buildings.
•T he acquisitions of Summit Energy (2011) and M&C Energy
Group (2012) increased our expertise in energy procurement
services.
Building a global leader in Critical Power
•We identifi ed Critical Power as a key technology for our portfolio
and regained majority control of MGE UPS in2004.
•We became a global player with the acquisition of American
Power Conversion (APC) in 2007, the US-based world leader
in single-phase and three-phase UPS with operations on all
continents and USD2.5 bn of revenues.
•We expanded our operations in new economies with the
acquisition of UPS manufacturer Microsol Tecnologia in Brazil
in2009 and the acquisition of APW in India in2011.
•In 2011, we broadened our portfolio with cooling offers from
Unifl air, data center services from Lee Technologies and back-up
power storage from Luminous.
Building a global leader in Medium
Voltage&Grid Automation
•We have historically been one of the leading players in medium
voltage electrical distribution products and equipments.
•With the acquisition of Areva D (Areva’s medium voltage
distribution division) in June2010, we signifi cantly improved our
position in medium voltage and grid automation.
•In 2010, we acquired 50% of Electroshield Samara, a leading
medium voltage company in Russia.
•With the acquisition of Telvent in 2011, a Spanish software
company with a strong presence in North America, we became a
global leader in medium voltage&grid automation.
Reinforcing leadership in Low
Voltage distribution and Industrial
Automation&Control
•We reinforced our Wiring Devices and Ultra Terminal offer with
several acquisitions: Clipsal in 2003, OVA, Merten and GET
in2006, Marisio and Wessen in2008.
•We grew our portfolio in renewables conversion with Xantrex
in2008.
•We grew our presence in new economies with Delixi in China,
Conzerv in India (2009) and Steck Group in Brazil (2011).
•We reinforced our Industrial Automation&Control portfolio with
Citect in 2006, RAM Industries in 2008, Cimac and SCADA
group in2010 and Leader&Harvest in2011.
3.3 Recent external growth
The Group was particularly active in2011, acquiring, in line with its
expansion strategy, several small- and medium-sized companies in
three fi elds of opportunities:
•increasing its solution expertise;
•growing its presence in new economies;
•gaining market shares to reinforce its global leadership.
Recent acquisitions in Solutions
We have recently made several acquisitions in our S olutions
business, which focuses on technologies that can be combined
and integrated with existing infrastructure to better manage our
customers’ energy requirements.
•In March 2011, we acquired Summit Energy, a leader in
outsourced energy services and sustainable development
services for industrial and commercial enterprises and institutions.
•In April2011, we acquired Lee Technologies, a leading service
provider for data centers in North America.
•In August 2011, we acquired Telvent, a leading provider of
software and IT solutions with high added value for the real-time
management of critical infrastructures in the electrical, oil and
gas, and water treatment sectors, as well as for transport. This
acquisition enabled us to offer a high added-value software
platform complementary to our equipment control and
software management offerings via a smart grid and effi cient
infrastructures.