Schneider Electric to acquire AutoGrid.

Schneider Electric, a French multinational company providing energy and automation digital solutions for efficiency and sustainability, agreed to acquire AutoGrid, a provider of energy data and big data analytics. Financial terms were not disclosed. "Schneider Electric and Autogrid have a shared vision for a more sustainable world through electrification, digitization and decarbonization. With Autogrid, we can deliver significant value to energy companies by delivering cutting-edge technologies to drive adoption of smart grids and reduction of carbon emissions. We are excited to create maximum impact with our customers by accelerating the reach and scale of Autogrid," Nadège Petit, Schneider Electric Chief Innovation Officer.