Global specialist in energy management, Schneider Electric, has acquired two French-based software technologies for building management companies: Vizelia, a software provider of real time energy monitoring of buildings, and D5X, a specialist in solutions to optimize commercial space utilization.
Vizelia employs 12 people and is expected to generate revenues in excess of €4 million for the current year. The innovative software of Vizelia allows customers to obtain real time data monitoring of energy consumption, maintenance planning and property management for both new and existing buildings, in particular for education, public and commercial building segments.
With 27 employees, D5X offers comprehensive solutions in 3 main areas: real time tracking of movement and building occupancy, room control systems (including lighting, blinds and ventilation) and data network management. The company is expected to generate revenues in excess of €4 million for the current year.
With these acquisitions Schneider Electric complements its solution offers for fully integrated building management and further reinforces its value proposition for end users and property owners.
Chris Curtis, Executive Vice-President, Buildings business, commented: “By acquiring Vizelia and D5X, Schneider Electric enhances its capability to offer complete solutions to improve buildings performance. We will also be able to leverage our market position in some targeted countries and propose these technologies to our customers outside of France.”
“We continue to make innovative investments in France in order to offer unparalleled solutions to our customers. They clearly want to bring their installations under control”, said Frédéric Abbal, France Country President, “from an energy monitoring point of view but also from a performance optimization point of view”
These two acquisitions are expected to meet Schneider Electric’s Return on Capital Employed criteria.
Schneider Electric has around 100,000 employees and achieved sales of 15.8 billion euros in 2009