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TAC all-in-one building automation controller combines building control, web functionality and alarm handling
(23/01/2008)

With inefficient equipment costing companies millions of pounds per year, building operators are demanding more reliable and cost effective ways to control and maintain efficient building performance. TAC is launching the Xenta 700 that has everything needed to improve building performance by creating an efficient working environment and reducing operating costs. This all-in-one IP based building automation controller combines building control, web functionality, alarm handling and superior ... [more]

Pelco integrated in Schneider Electric's Building Automation business
(05/10/2007)

Pelco has been acquired by Schneider Electric. The price to be paid for this transaction is $1.22 billion expressed as an enterprise value on a cash-free, debt-free basis. In addition, Schneider Electric will pay to the sellers the net present value of a tax benefit resulting from the step-up of Pelco's assets, representing $320 million. As a consequence, the total price paid in cash at closing will be $1.54 billion. The transaction is subject to anti-trust and other regulatory clearance. Pel... [more]

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