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Telemecanique

Schneider Electric
Societas Europaea
Traded as EuronextSU
CAC 40 Component
Industry Energy management and automation
Founded 1836; 181 years ago (1836)
(incorporated 1981)
Founder Eugène Schneider
Headquarters Rueil-Malmaison, France
Area served
Worldwide
Key people
Jean-Pascal Tricoire
(Chairman and CEO)
Léo Apotheker
(Vice-Chairman and Lead Director)
Products Include building automation, home automation, switches and sockets, industrial safety systems, industrial control systems, electric power distribution, electrical grid automation, Smart Grid, critical power & cooling for datacenters
Revenue
  • Decrease24.69 billion (2016)
  • €26.64 billion (2015)
  • Increase€2.95 billion (2016)
  • €2.23 billion (2015)
Profit
  • Increase€1.75 billion (2016)
  • €1.41 billion (2015)
Total assets
  • Decrease€41.85 billion (2016)
  • €42.58 billion (2015)
Total equity
  • Decrease€20.49 billion (2016)
  • €20.85 billion (2015)
Number of employees
144,001  (2016)
Subsidiaries Luminous Power Technologies Pvt Ltd, invensys, SolveIT Software, APC, Areva T&D, BEI Technologies, Cimac, Citect, Clipsal, ELAU, Federal Pioneer, Merlin Gerin, Merten, Modicon PLC, Nu-Lec Industries, PDL Group, Pelco, Power Measurement, Square D, TAC, Telemecanique, Telvent, Gutor Electronic LLC, Zicom, Summit
Website schneider-electric.com

Schneider Electric SE is a French multinational corporation that specialises in energy management and automation solutions, spanning hardware, software, and services. Native of France, the company is headquartered in Rueil-Malmaison and is also based at the World Trade Center of Grenoble with offices throughout the world. A Fortune Global 500 company, Schneider Electric is publicly traded on the Euronext Exchange and is a component of the Euro Stoxx 50 . In FY2016, the company posted revenues of about €25 billion.

Schneider Electric is the parent company of Square D, Pelco, APC and others. As of 2016, the company has 20,000 patents either active or in application worldwide; the company has 144,000 employees in approximately 100 countries worldwide.

Schneider Electric has had its head office in the Trianon site in Rueil-Malmaison, France since 2000. The current headquarters, also located in Rueil Malmaison and known as the Hive, previously housed Schneider subsidiary Télémécanique, while the parent company occupied a site in Boulogne-Billancourt.

The roots of this company are in the iron, steel, and armaments factories of Schneider-Creusot and other industrial concerns. In 2014 Schneider Electric advertised a cooperation with German power supplier RWE. From its 19th century beginnings in steel through its 20th and 21st century moves in electricity and energy management, Schneider Electric has grown into a global leader in energy management and automation through ongoing innovation and acquisition.

1836-1980: A Family Business Becomes a Major Player


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