Lee Technologies acquired by French energy management firm

Schneider Electric will use purchase to expand into North America

Another European company has jumped across the Atlantic to broaden its footprint in the North American IT market.

Lee Technologies Inc. has been acquired by Schneider Electric, a French energy management company. The financial terms of the acquisition were not reported.

The Fairfax, Va., company specializes in the mission-critical data center services, including remote monitoring command centers and onsite critical facility operations. It caters to several customer segments that include the federal government, financial services, telecommunications, IT and health care, according to an announcement from Schneider Electric.

Lee Technologies has more than 300 employees and generated sales of about $140 million in 2010, the announcement said.

The addition of Lee Technologies will give Schneider Electric capabilities that range from consulting, site assessment, design, equipment specification and selection to integration, commissioning, facility operations staffing, maintenance and round-the-clock remote monitoring.

This full repertory of services will reinforce Schneider Electric’s IT business skills in data center management and its ability to provide the best standards in energy conservation and reliability to data centers, the announcement said.

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.