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France-based Schneider Electric has acquired Microsol Tecnologia, a Brazilian manufacturer of UPSs, voltage regulators
and accessories for power protection. In 2008, Microsol generated net sales of BRL 65 million (US$32.4
million) and employed 500 people.
With this acquisition, Schneider Electric strengthens its presence in Brazil, and expands its product and solution development capability specifically for the Brazilian market.
Microsol Tecnologia will be integrated into Schneider Electric's IT Business. This acquisition meets Schneider Electric's Return on Capital Employed criteria.
Schneider Electric has operations in more than 100 countries.