Public, AB (Sweden) | |
Industry | Building automation |
Founded | 1925 |
Headquarters | Malmö, Sweden |
Number of locations
|
80 countries, including UK, United States, France, Germany, Norway and Denmark |
Key people
|
Chris Curtis, CEO Thomas Hansson, Chief Financial Officer Dean Meyer, CEO, Pelco |
Products | Energy solutions and security |
Revenue | $2,000 million USD (2007) |
Number of employees
|
7,500 (2007) |
Parent | Schneider Electric |
Divisions | Energy Solutions Building Solutions |
Website | http://www.tac.com |
TAC is a Swedish-based building automation company in the fields of both energy solutions and security. It also operates in other countries including the United Kingdom and the United States and was originally established as Tour Agenturer in 1925 in . TAC has announced a name change to Schneider Electric, its parent company, to take place in October 2009.
Founded as Tour Agenturer in Stockholm in 1925, the company produced a product range focusing particularly on draught regulators and radiator valves. It continued to develop its product range introducing the first transistorized heating regulator in 1962 and a computer-based system for climate control in 1974. Tour Agenturer became Tour & Andersson in 1977 following a merger with AH Andersson.
Over the following years, Tour & Andersson extend its product range to include an integrated access control system and hotel management and signal system in 1980 and 1981 respectively. In 1987 it released Micro 7, an IBM PC-based control system with an easier user interface than previously available and operated with a mouse in a similar fashion to modern day computers.
In 1994, the company released TAC Vista and "moves towards open systems architecture." The following year, Tour & Andersson was separated into two companies: TA Hydronics and TA Control.
The first major development by TA Control arrived in 1996 with TAC Xenta, a programmable control system featuring graphical programming. The following year TA Control changed its name to TAC and focused equally on its services and systems operations in addition to its international partner networks. TAC acquired Norwegian major systems integration company Solberg Andersen in 1998 shortly before being bought by investment company EQT.