ASCO (Automatic Switch Company) Power Technologies, a business unit of
Schneider Electric
Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation ...
, makes electrical equipment used in healthcare facilities, data centers, communication networks, commercial buildings, and industrial plants.
ASCO also includes a Services branch, providing maintenance programs, modifications, upgrades, and emergency repairs. The "Firetrol" branch of ASCO provides power transfer switches, controls, and alarms for fire suppression. ASCO's headquarters is located in
Florham Park, New Jersey
Florham Park is a borough in Morris County, New Jersey, United States. As of the 2010 United States census, the borough's population was 11,696,[Vertiv
Vertiv is an American, Ohio-based, provider of equipment and services for data centers.
Platinum Equity acquired the Emerson Network Power business from Emerson Electric in a transaction valued in excess of $4 billion, completed in December 20 ...]
to
Schneider Electric
Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation ...
for $1.25 billion.
Vertiv Sells ASCO to Schneider Electric - Sale enables greater focus on core business
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History
References
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Companies based in Morris County, New Jersey
Schneider Electric