Schneider Electric, a company focused on digital transformation of energy management and automation, completed the acquisition of a 25% stake in Planon Beheer, a cloud-based software provider. Financial terms were not disclosed. Transaction is subject to normal regulatory and legal approvals. “Smart buildings will not only deliver improved sustainability and efficiency, but they will also drive the employee value proposition, including comfort, wellbeing and safety. Buildings of the future will enhance and differentiate brands and enable energy generation and income – all through the power of modern technology. We cannot become carbon-neutral by 2050 or solve climate change without transforming our buildings. Smart connected buildings will be the cornerstone of an All-Digital, All-Electric world,” Laurent Bataille, Schneider Electric Executive Vice-President, Digital Energy Division.