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News Releases


Schneider Electric Agrees to Acquire InStep Software

HOUSTON – September 30, 2014 – Schneider Electric, the global specialist in energy management, has
entered into an agreement to acquire InStep Software, a leading provider of real-time performance
management and predictive asset analytics software and solutions. It is the latest acquisition from the
company’s growing Software business and deepens its presence in the power and energy market. The
transaction is expected to close in the fourth quarter of 2014, subject to customary regulatory and other
closing conditions.