Schneider Electric debuts Catalyze initiative for semiconductor value chain

Schneider Electric debuts Catalyze initiative for semiconductor value chain

Schneider Electric, a frontrunner in digital energy management and automation, has launched ‘Catalyze’, a novel partnership program aiming to hasten renewable energy access across the global semiconductor value chain. Revealed at SEMICON West 2023, Catalyze represents an unprecedented collaboration among semiconductor and technology industry heavyweights to tackle supply chain emissions. It augments Schneider Electric’s existing […]

Schneider Electric completes takeover of industrial software firm AVEVA

Schneider Electric completes takeover of industrial software firm AVEVA

Schneider Electric has closed the previously announced deal to take full ownership of UK-based industrial software company AVEVA for £31 per share in cash. The deal, which was announced in September 2022, valued 100% of AVEVA at £9.48bn. Prior to it, Schneider Electric had a 59.1% stake in the British industrial software company. AVEVA’s software […]