Schneider Electric announced the acquisition of MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management. The acquisition further solidifies the portfolio and adds domain expertise to Schneider Electric's existing team. This acquisition is designed to provide additional solutions to industrial organizations seeking to help maximize return on assets.
Schneider Electric and MaxEAM have a long-standing business relationship working together to deliver customer projects on a global scale. The acquisition gives customers a single point of contact for support and delivery services, and more closely aligns future product development.
Keywords: Work Scheduling, Task Execution, Data Conversion, Asset Performance Management (APM), ARC Advisory Group.