# Schneider Electric acquires controlling stake in ETAP

Schneider Electric has completed the acquisition of a controlling stake in ETAP, the global leader in energy management and engineering solutions. ETAP will continue to operate as an independent software-agnostic vendor.

- Type: Acquisition
- Announced: 2021-06-28
- Where: Irvine, California, United States
- Status: completed
- Products: energy management software, digital twin solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [ETAP](https://endata.com/companies/8990.md) (target)

## Sources

- [etap.com](https://etap.com/company/news/2021/06/28/Join-Forces-to-spearhead-digital-transformation-for-global-sustainability), 2021-06-28: "ETAP & Schneider Electric to lead intelligent, sustainable & green electrification through a combined digital offering."

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