Acquisition of Leading Provider of Modular, Secure and Energy Efficient Data Centers to Ex-pand Schneider Electric's Energy Management Capacities

Dubai-UAE: 16 April, 2014 - Schneider Electric, a global specialist in energy management, recently announced the acquisition of Barcelona based AST Modular that offers a comprehensive portfolio of prefabricated data center modules, services, manufacturing expertise and project engineering support.

With the acquisition of AST Modular, Schneider Electric enhances its capabilities and complements its already strong position in the prefabricated data center solutions market.

With projects deployed in over 30 countries, AST Modular has successfully executed over 450 data center projects worldwide.  AST Modular is considered an innovator in the prefabricated data center space, evolving and improving their solutions with every new generation. Expansions to AST Modular's portfolio have included non-ISO modules, multi-module de-signs, and modular data center rooms, as well as a broad portfolio of cooling options optimized for the prefabricated IT space.

"It has always been AST Modular's goal to offer the best and most innovative prefabricated data centers. Schneider Electric's global presence, world class power, cooling and data center infrastructure management (DCIM) solutions, backed up by an excellent service network will offer significant benefits to our customers," said Henry Daunert, CEO of AST Modular.

Kevin Brown, Vice President, Data Center Global Offer and Strategy, Schneider Electric, said: "AST Modular's capabilities and experience complement Schneider Electric's strategy to provide global prefabricated solutions and support to meet customer demands in this fast growing segment.

"The acquisition of AST Modular strengthens our regional capabilities in Latin America, Europe, Middle East, and Africa, with factories and custom engineering staff located in Barce-lona and Miami. We look forward to expanding our library of reference designs and integrat-ing AST Modular's solutions into our portfolio to create the most comprehensive offerings in the industry."

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About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centres & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 150,000 plus employees achieved sales of 31 billion US dollars in 2013, through an active commitment to help individuals and organizations make the most of their energy.

www.schneider-electric.com

For further information, please contact:
Tushar Choudhury
Schneider Electric
Tel: +971 4 7099 609
Email: tushar.choudhury@schneider-electric.com 

Melanie Fernandes
APCO Worldwide
M: +971 55 4003233
Tel: +971 4 3692926
Email: mfernandes@apcoworldwide.com

© Press Release 2014