Schneider goes for telemetry market with acquisition
16 April 2010
Schneider Electric is expanding its telemetry business with the acquisition of SCADAgroup, an Australian based provider that operates in the water, waste water, oil and gas and electric power end-market segments.
Telemetry is a technology that allows the remote measurement, monitoring, control and data transfer of infrastructures scattered over a wide area or that are hard to access.
SCADAgroup has operations throughout North America, the UK and Australia and employs more than 500 staff.
The company provides a portfolio of products and solutions for telemetry applications including:
• SCADA software allowing consolidation and monitoring of key information on the process
• communication devices using radio for the transmission of information
• a wide offer of remote terminal units (RTU) that collect and consolidate information from the field
• wireless sensors to monitor key variables such as flow, temperature and pressure
Michel Crochon, executive vice-president of Schneider Electric’s Industry business, said: “Schneider Electric acquires a global telemetry platform to address the needs of the attractive water, waste-water and oil & gas industries for which remote monitoring and control are critical to their large and dispersed sites. The combination of technologies, channels, customer knowledge and complementary execution capabilities will put us in an excellent position to capture new opportunities in these fast growing markets”.
The closing of the transaction, subject to regulatory approvals, is expected to occur soon.
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