September 2006
Security: Solutions for Enterprise Security Leaders;Sep2006, Vol. 43 Issue 9, p24
Trade Publication
The article reports on the acquisition of Invensys Building Systems Inc. (IBS) by Schneider Electric SA, parent company of TAC Inc. This deal involves the merger of IBS with TAC, the world leader in building automation, security systems, and energy solutions. According to TAC chairman and CEO Arne Frank, the acquisition is a key part of the growth strategy of Schneider and IBS, while the merger with IBS adds unnerving player to the market.


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