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    Monday
    Apr042011

    Schneider Electric acquires Lee Technologies, who is next?

    I had plenty of friends who worked for APC and they now work for Schneider Electric. My Lee Technologies friends have joined my APC friends and are now part of the Schneider Electric as well.  Here is the press release.

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    Schneider Electric acquired US based Lee Technologies, a leading services provider for data centers

    Rueil-Malmaison (France), April 4, 2011 – Schneider Electric, the global specialist in energy management, announced today that it has acquired Lee Technologies, a leading service provider for the data centers of the North American market.

    Headquartered in Fairfax, Virginia, Lee Technologies has over 300 employees and generated sales of about USD 140 million (approx. €104 million) in 2010.  The company specializes in the mission-critical data center services, including remote monitoring command centers and on-site critical facility operations.  It caters to several customer segments including federal government, financial services, telecommunications, information technology and healthcare.


    Lee Technologies brings to Schneider Electric capabilities ranging from consulting, site assessment, design, equipment specification and selection to integration, commissioning, facility operations staffing, maintenance and proactive 24x7 remote monitoring.  This full repertoire of services will reinforce Schneider Electric’s IT business skills in data center management and its ability to provide data centers, one of the world’s fastest growing end-users of energy, with the best standards in energy conservation and reliability.

    I've had the pleasure of hosting John Lee, CEO/Chairman of Lee Technologies for a few glasses of wine overlooking Lake Sammamish, and I hope to have a conversation soon with John on the new opportunities for Lee Technologies.

    “We are excited about the opportunity to join Schneider Electric as we have always held the company in high esteem.  We are confident that our broad and comprehensive offering for data centers will be well positioned to benefit from solid growth opportunities in the future” said John C. Lee IV, Lee Technologies, CEO and Chairman.

    I'll write up a follow up post when I get interviews.

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    Reader Comments (1)

    Thanks for a great read!
    http://www.sandiegocateringonline.com
    November 21, 2011 | Unregistered CommenterSan Diego Catering

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