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The Saga of APC by Schneider Electric
1 min read
Category
Company Brands & Tech Giants
Era / Tenure
Historic Legacy
Leaderboard Rank
#587 in Company Brands & Tech Giants
Verified Hearts
15,044 Hearts
ORIGINS & BACKGROUND
Profile & Early Foundations
APC by Schneider Electric (formerly American Power Conversion Corporation) is a manufacturer of uninterruptible power supplies (UPS), electronics peripherals, and data center products.
THE JOURNEY & BREAKTHROUGHS
Major Works & Significant Milestones
In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric's Critical Power & Cooling Services Business Unit, which recorded 2007 revenue of US$3.5 billion (EUR 2.4 billion) and employed 12,000 people worldwide.
Key Milestone & Career Defining Moment
In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric's Critical Power & Cooling Services Business Unit, which recorded 2007 revenue of US$3.5 billion (EUR 2.4 billion) and employed 12,000 people worldwide.
— Official Historical Record & Archive
SUCCESS & ENDURING LEGACY
Honours, Standing & Enduring Legacy
Until February 2007, when it was acquired, it had been a member of the S&P 500 list of the largest publicly traded companies in the United States.
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