The two companies were previously in preliminary discussions about a potential transaction.
Latest In Schneider Electric
A potential transaction would likely be a merger of Bentley with Schneider's software business and be valued at over $15 billion.
Strong demand across infrastructure and data center end markets has led Schneider Electric to upgrade its manufacturing operations.
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Schneider's 5-year committment to NAED's "Next Level Now" initiative supports digital transformation of the distribution channel.
Adding 400 jobs, it makes El Paso the copany's largest factory hub in the U.S.
Emily Heitman will lead growth across Schneider Electric's energy management and automation businesses in Canada.
Antonio Di Vaira was appointed Senior VP of the company’s Power Products division for the North American hub.
Michael Lotfy Gierges joined the company as Senior Vice President of Power Products over North and Central America just over a year ago.
The move is in line with plans to produce goods closer to where they are sold, according to The Wall Street Journal.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Sonepar subsidiary Crawford will now support Schneider Electric's Square D products at locations in Texas and Louisiana.
The company says it has selected Robert (Bobby) Cain as Chief Information Officer for its North America region.
In the weeks and months leading up to MDM's SHIFT conference, podcast guests spoke on a variety of topics, with transformative strategies and evolving roles among the most discussed.
Schneider plans to install new technology at facilities in Kentucky and Nebraska to improve their efficiency.
Major distributors and manufacturers continue to raise their full-year outlook after better-than-expected 2Q results and persistent demand.
In an MDM Podcast, Schneider Electric's Monique Elliott explores successful customer engagement strategies in an increasingly distracted world.
With new B2B marketplaces now popping up regularly, distributors have come to embrace them as a means to compete and grow.
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The company says it will keep on hold new investments as well as the ‘international delivery of new project orders destined to Russia and Belarus.’
With the promotion, Frei retained her spot on Schneider Electric's executive committee.
