ASCO Power Technologies

Schneider Electric finalized the acquisition of ASCO Power Technologies, a leader in Automatic Transfer Switches, for $1.25 billion in cash. The deal was announced on July 27, 2017.

Schneider Electric announced it has finalized the acquisition of ASCO Power Technologies, a leader in Automatic Transfer Switches, enhancing its EcoStruxure Power Platform.

Schneider Electric has signed an agreement to acquire ASCO Power Technologies, a leader in automatic transfer switches, from Vertiv for $1.25 billion in an all-cash transaction. The acquisition enhances Schneider Electric's EcoStruxure Power Platform.