M&A Deal Summary

Schneider Electric Acquires Lee Technologies

On April 4, 2011, Schneider Electric acquired information technology company Lee Technologies

Acquisition Highlights
  • This is Schneider Electric’s 1st transaction in the Information Technology sector.
  • This is Schneider Electric’s 13th transaction in the United States.
  • This is Schneider Electric’s 1st transaction in Virginia.

M&A Deal Summary
Date 2011-04-04
Target Lee Technologies
Sector Information Technology
Buyer(s) Schneider Electric
Deal Type Add-on Acquisition

Target

Lee Technologies

Fairfax, Virginia, United States
Lee Technologies, Inc. specializes in mission-critical data center services, including remote monitoring command centers and on-site critical facility operations. It caters to several customer segments including federal government, financial services, telecommunications, information technology and healthcare.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Schneider Electric

Rueil Malmaison, France
Category Company
Founded 1836
Sector Electrical Equipment
Employees164,640
Revenue 35.9B EUR (2023)
DESCRIPTION

Schneider Electric is a provider of electricity distribution, automation management and produces installation components for energy management. Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. Schneider Electric was founded in 1836 and is based in Rueil-Malmaison, France.

DEAL STATS #
Overall 19 of 41
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 18 of 37
State (Virginia) 1 of 1
Country (United States) 13 of 21
Year (2011) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-31 DIGILINK - Smartlink Network Systems

Mumbai, India

DIGILINK - Smartlink Network Systems Ltd. is a structured cabling systems providers in India.

Buy Rs5.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-30 Luminous Power Technologies Pvt.

New Delhi, India

Luminous Power Technologies Pvt. Ltd. provides inverters, UPS and power storage systems to help homes and small and medium sized businesses face frequent power cuts.

Buy Rs14.0B
Mergr

Product

Company

Legal