Schneider Electric buys APC (2006)
Schneider Electric paid $6.1 billion for American Power Conversion, the dominant maker of uninterruptible power supplies for data centers. The deal combined Schneider's electrical distribution business with APC's data center power gear.
APC's UPS business became the core of Schneider's data center division.
The combined company became one of the largest suppliers of data center power and cooling infrastructure.
Shows how power infrastructure companies consolidate to control more of the data center power chain. Vertiv's UIG deal follows the same logic.
