Schneider Electric, Invensys complete merger
Integration finalised following the completion of Invensys' fiscal year
Schneider Electric's acquisition of Invensys has been fully completed, following a drawn-out integration phase designed to allow Invensys to complete its fiscal year.
The merger, Schneider said, allows the combined entity to provide solutions to do with automation, software, and energy management across the industrial and infrastructure markets.
Schneider's purchase of Invensys was announced in January 2014, though the company said that it wanted Invensys to complete its last fiscal year without any distractions. The second phase of the integration was rolled out in April, setting objectives for customer acquisition and minimising business disruption. In this final phase, the companies were fully integrated, with products from Invensys being made available in conjunction with Schneider's offerings.
"The industrial landscape is shifting as trends such as globalisation, the digital revolution, environmental awareness and its impact force producers to balance their priorities. To meet these ever-increasing demands, customers need a strategic partner. The combination of people, capabilities and technologies from both Schneider Electric and Invensys helps deliver enhanced efficiency, productivity, flexibility, safety and security to our customers," said Benoit Dubarle, country president for the UAE, Oman and Pakistan at Schneider Electric.
"Together, we are set to change the game for software as our combined portfolio provides a unified framework and a suite of function rich applications that deliver tangible value and optimised business processes across specific vertical solutions. For our customers, we now link operating assets, people and processes to improve their competitive advantage."
Under the merger, software brands are unified into a single portfolio. The brands include Aquis, Avantis, CitectSCADA, OASyS DNA, Plant Operation Ampla, SimSci, Supply Chain Operation, Termis, Vijeo Citect and Wonderware.
The features added in the portfolio comprise historical archiving, mobile capabilities, plant design, simulation, advanced process control (APC), asset management, additional analytics and reporting, workflows, and MES, among others.
On the services side, Schneider Electric said that it has expanded its equipment maintenance services with remote electrical asset monitoring using Invensys' Wonderware Historian to help manage data collection. This data is leveraged using Avantis Enterprise Asset Management and Avantis Condition Manager Software.