# Schneider Electric finalizes IGE+XAO takeover

Schneider Electric finalized its takeover of IGE+XAO following shareholder approvals, announced on May 5, 2022.

- Type: Acquisition
- Announced: 2022-05-05
- Where: France
- Status: completed
- Products: electrical design software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (acquirer)
- [IGE + XAO](https://endata.com/companies/27941.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SCHNEIDER-ELECTRIC-SE-4699/news/Schneider-Electric-Finalizes-IGE-XAO-Takeover-Following-Shareholder-Approvals-40291285/), 2022-05-06: "Schneider Electric Finalizes IGE+XAO Takeover Following Shareholder Approvals"

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