# Schneider Electric acquires controlling stake in ETAP

Schneider Electric announced it has acquired a controlling stake in Operation Technology Inc. (ETAP), a software platform for electrical power systems modeling and simulation.

- Type: Acquisition
- Announced: 2020-11-16
- Where: United States
- Status: announced
- Products: electrical power systems modeling and simulation software
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [Operation Technology Inc.](https://endata.com/companies/51221.md) (target)
- [ETAP Automation](https://endata.com/companies/51231.md) (target)

## Sources

- [se.com](https://www.se.com/ww/en/about-us/newsroom/news/press-releases/schneider-electric-invests-in-operation-technology-inc-%E2%80%9Cetap%E2%80%9D-to-spearhead-smart-and-green-electrification-5fb224cc8c11a759eb3b4e16/), 2020-11-16: "Schneider Electric, the leader in the digital transformation of energy management and automation, announces it has acquired a controlling stake in ETAP Automation Inc."
- [etap.com](https://etap.com/company/news/2020/11/16/schneider-invests-in-etap), 2020-11-16: "Schneider Electric, the leader in the digital transformation of energy management and automation, announces it has acquired a controlling stake in Operation Technology Inc."
- [pt.cision.com](http://pt.cision.com/cp2013/clippingdetails.aspx?id=09711258-AF00-4283-A208-6891BC35EAF8), 2020-11-21: "Schneider Electric announces it has acquired a controlling stake in ETAP Automation Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.