Latest news for Pelco 
Schneider Electric completes the acquisition of Pelco(26/10/2007)
Schneider Electric has now completed the acquisition of Pelco, a leader in the design, development and manufacturing of video security systems. With the acquisition of Pelco, Schneider Electric significantly reinforces the offering of its Building Automation business, which encompasses power and HVAC control, electronic security and fire safety, and increases its ability to provide integrated solutions. Schneider Electric has acquired all s... [more]
Schneider Electric acquires video security systems company Pelco(05/10/2007)
Pelco has been acquired by Schneider Electric. The price to be paid for this transaction is $1.22 billion expressed as an enterprise value on a cash-free, debt-free basis. In addition, Schneider Electric will pay to the sellers the net present value of a tax benefit resulting from the step-up of Pelco's assets, representing $320 million. As a consequence, the total price paid in cash at closing will be $1.54 billion. The transaction is subject to... [more]
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