Dec. 9, 2004: Schneider Electric Acquires Abacus Engineered Systems
MALMO, Sweden - Schneider Electric has announced, through its subsidiary TAC/Tour Andover Controls, the acquisition of Abacus Engineered Systems, a U.S.-based provider of facility energy and engineering solutions.
Abacus Engineered Systems, with sales of approximately $30 million in 2003 and 86 employees, provides building analysis, design, and post-construction services from its Seattle headquarters as well as offices in New York, Pennsylvania, Oregon, Virginia, Massachusetts, and Arizona.