Schneider Electric seeking to buy Digital Electronics


North Andover, MA— Schneider Electric announced Sept. 9 that it has reached a conditional agreement to acquire a 35% stake in Digital Electronics (Osaka, Japan), and adds it is scheduled to launch a takeover bid for the remaining portion of Digital's share capital. Among other conditions, this planned transaction is subject to reaching a minimum stake of 66.7% and successfully completing due diligence requirements.

Digital and its 1,100 employees specialize in human machine interface (HMI) products, and generate approximately 200 million Euros annually. Digital reportedly holds a leadership position in Japan and Korea, as well as some significant and developing positions in the U.S. and Europe.

Schneider states its contemplated acquisition of Digital and its HMI solutions will reinforce its position in the industrial automation category by enabling Schneider to offer complete solutions for industrial automation and process integration.

In addition, Schneider plans to use Digital as an entry point into Japan's industrial market. The acquisition is also expected to be a channel for increasing Schneider's sales to industrial machine builders worldwide.

Control Engineering Daily News Desk
Jim Montague, news editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me