Schneider Electric, Paris, has agreed to acquire all of the common shares of Xantrex Technology Inc, Vancouver, British Columbia.
The transaction is expected to close by October 2008.
Xantrex is a top global player in the solar and wind inverter market with strong growth potential, including leadership in the North American solar inverter market; positions in key European markets, especially Germany and Spain; broad product portfolio in 1-phase and 3-phase power technology; an
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