Schneider Electric

Adolphe and Joseph-Eugène Schneider took over the Le Creusot foundry in Burgundy, developing steel and heavy machinery businesses.⁠[3]

Schneider’s history dates its withdrawal from armaments to 1949, followed by a focus on European infrastructure.⁠[3]

Acquisitions of Télémécanique in 1988, Square D in 1991, Merlin Gerin in 1992 and Modicon in 1997 expanded electrical and industrial control operations.⁠[3]

The APC acquisition and combination with MGE UPS Systems expanded power protection for critical applications including data centers.⁠[3]

Schneider dates the introduction of its EcoStruxure IoT platform to 2016, linking products, control systems and software for energy and operational management.⁠[3]

The court-sanctioned scheme to acquire AVEVA shares not already owned became effective, completing full ownership. The approved offer was 3,225 pence per share; this acquired the remaining interest rather than marking Schneider’s first investment.⁠[4]

The board separated the chair and chief executive roles. Jean-Pascal Tricoire remained chair, while the CEO became responsible for general management.⁠[1]

France’s competition authority found that Schneider, Rexel and Sonepar participated in vertical resale price fixing from December 2012 to September 2018 and fined Schneider €207 million. The authority said its decision did not prejudge separate criminal proceedings.⁠[5]

In the following day’s financial release, Schneider disputed the finding, rejected allegations of noncompliant distribution practices and reserved its appeal rights. Its 2026 half-year report recorded payment of the €207 million fine in the first half of 2025; payment alone does not establish an admission or final appeal outcome.⁠[6][2]

The governance page records the board’s appointment of Olivier Blum as CEO of Schneider Electric SE on November 1, 2024. Official materials continued to identify him as CEO in October 2026.⁠[1][7]

The authority’s case register records that the Paris Court of Appeal referred a priority constitutional question to the Court of Cassation and stayed the merits proceedings. It also lists an April 10, 2026 Constitutional Council decision described as unconstitutionality without repeal. These procedural entries do not establish a final merits outcome.⁠[8]

The half-year report disclosed an agreement to acquire about 90% of AiDASH at an enterprise value of approximately $350 million. AiDASH uses satellites and AI for infrastructure management; the July 30 report still described closing conditions, including regulatory approval.⁠[2]

Schneider agreed to acquire all of industrial data software company Cognite for $3.1 billion in cash, subject to regulatory and other conditions. The October 5 PTC announcement still referred to Cognite as a proposed acquisition.⁠[2][7]

First-half 2026 revenue was €21.226 billion, up 9.8% reported and 14.0% organically. Adjusted EBITA was €4.093 billion, with a 19.3% margin; Group net income was €2.488 billion. Energy Management revenue was €17.641 billion and Industrial Automation revenue €3.585 billion.⁠[2]

Schneider and U.S. industrial software company PTC signed a definitive agreement at $205 per share in cash, representing approximately $22.6 billion in equity value and $23.7 billion in enterprise value. Both boards approved unanimously. Closing was expected in the third quarter of 2027, subject to PTC shareholder and regulatory approvals and other customary conditions.⁠[7]

The companies said PTC’s CAD, product lifecycle, application lifecycle and service lifecycle management software would complement Schneider’s industrial software portfolio. The proposed combination and expected benefits were forward-looking transaction rationales, not evidence of completed integration.⁠[7]

The company is headquartered in Rueil-Malmaison, France. Its 2026 materials described approximately 160,000 employees and a business and partner network across more than 100 countries. The global group is distinct from individual national legal entities.⁠[9][1]

Schneider Electric: Official website: https://www.se.com/ (opens in a new window).⁠[9]

Schneider Electric X: Official website: https://twitter.com/SchneiderElec (opens in a new window).⁠[10]

Schneider Electric LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Official website: https://www.linkedin.com/company/schneider-electric (opens in a new window).⁠[10]

Schneider Electric YouTubeYouTubeYouTube is Google’s video-sharing and creator platform, founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim and acquired by Google in 2006. Built around video uploading, viewing, and creator earnings, the platform has developed Shorts, YouTube Music, Premium, YouTube TV, and products for children, and is headquartered in San Bruno, California, United States.Open the full entry: Official website: https://www.youtube.com/user/SchneiderCorporate (opens in a new window).⁠[10]