APC deal reflects demand for data protection: France's Schneider Electric agrees to pay $6.1 billion for emerging U.S. rival

Article Abstract:

French company Schneider Electric S.A. is acquiring American Power Conversion Corp. for $6.1 billion. Both companies manufacture equipment that helps corporations withstand power outages. There is a growing demand from corporations for power outage protection, to protect computerized data.

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Schneider got takeover approach before deciding to purchase APC

Article Abstract:

Schneider Electric S.A. of France is acquiring U.S. firm American Power Conversion Corp. for $6.1 billion. Schneider had recently rejected a takeover bid by three private- equity companies, but denies that the acquisition is a defensive move.

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Flextronics-Solectron deal unites assembling titans

Article Abstract:

Singapore's Flextronics International Ltd. will buy rival electronics manufacturer Solectron Corp. for $3.6 bil, combining two of the intensely competitive industry's largest firms.

Singapore, Electronics industry, Solectron Corp., SLR, Flextronics International Ltd. (Singapore), FLEX

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