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Schneider Electric to acquire VA TECH ELIN EBG Elektronik
(17/01/2007)

Schneider Electric has announced that it will acquire, subject to regulatory approvals, VA TECH ELIN EBG Elektronik in Austria. VA TECH ELIN EBG Elektronik is a developer and manufacturer of high-power speed drive products and solutions. This acquisition builds on the longstanding partnership between the two companies, as well as on the 60%-40% joint venture set up by Schneider Toshiba Inverter and VA TECH ELIN EBG Elektronik in 2004. Schneide... [more]

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