Schneider Electric's Acquisition of Telvent - Not Just for Smart Grid

By Rick Nicholson – June 13, 2011
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Schneider Electric's $2 billion acquisition of Telvent has received a lot of media and analyst coverage (IDC Energy Insights included) relative to the smart grid market.  However, lost in all of this coverage are the implications this acquisition has for the oil & gas industry.   Telvent's current business includes products and services across utilities, transportation, agriculture and oil & gas markets.  In the oil & gas industry, the company's solutions are primarily in the

 

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Rick Nicholson

Group Vice PresidentIDC Energy Insights

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