Schneider Electric (SND.DE) announced the acquisition of two French-based software companies involved in building management. Vizelia is a software provider of real time energy monitoring for buildings, and D5X, a specialist in solutions to optimize commercial space utilization.
Vizelia is expected to generate revenues in excess of EUR 4 million for the current year. The company’s software allows customers to obtain real time data monitoring of energy consumption, maintenance planning and property management for both new and existing buildings, in particular for education, public and commercial building segments.
D5X offers solutions in three main areas: real time tracking of movement and building occupancy, room control systems (including lighting, blinds and ventilation) and data network management. The company is expected to generate revenues in excess of EUR 4 million for the current year.
With these acquisitions Schneider Electric complements its portfolio for integrated building management.
Chris Curtis, Executive Vice-President, Buildings business, commented: “By acquiring Vizelia and D5X, Schneider Electric enhances its capability to offer complete solutions to improve buildings performance. We will also be able to leverage our market position in some targeted countries and propose these technologies to our customers outside of France.”
Schneider Electric is a global specialist in energy management with operations in more than 100 countries. The company recently teamed with Verisae, a specialist in Sustainability Resource Planning (SRP) solutions, to bring a Demand Response (DR) product to commercial and industrial customers in the United States and overseas markets.