New addition to the Wonderware portfolio in the works, as Schneider Electric Agrees to Acquire InStep Software

Predictive asset analytics and historian solutions complement and strengthen company’s capabilities in power sector.

If you have not heard it, “Schneider Electric, the global specialist in energy management, has entered into an agreement to acquire InStep Software, a leading provider of real-time performance management and predictive asset analytics software and solutions. It is the latest acquisition from the company’s growing Software business and deepens its presence in the power and energy market. The transaction is expected to close in the fourth quarter of 2014, subject to customary regulatory and other closing conditions.”

“eDNA software strongly complements Schneider Electric’s Wonderware Historian software, and PRiSM software enhances the company’s industry-leading information and asset management software offerings. Many of the world’s most successful companies use InStep’s software products to manage and analyze the rapidly growing amount of real-time operational and machinery asset-health-related information, but its solutions also complement Schneider Electric’s offerings in several other industries, including food & beverage, consumer packaged goods, metals & mining, life sciences and water & wastewater.”

For more information, click here to read the press release