APC

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Milestones

1981

        American Power Conversion Corporation is incorporated in Massachusetts. Its founders, three electronic power engineers who had been working at MIT, direct their research and development towards solar electricity.

1986

        APC receives the Company's first of many PC Magazine 'Editor's Choice' awards, this one for its first UPS, the 450AT+.

 

        APC establishes Rhode Island based manufacturing, its first facility located in Peacedale, R.I.

1988

        APC goes public at $7.50 per share or $.125 per share adjusted for the Company's six stock splits. To date this represents the Company's only equity offering.

1989

        APC's award-winning PowerChute® software is introduced and revolutionizes power management.

 

        Major distributors Tech Data and Ingram Micro begin carrying APC's products.

1990

        The Smart-UPS® brand of UPSs are introduced. These solutions will grow to become the industry's premier network power protection solution.

 

        The Company relocates to its West Kingston, RI facility, the current site of corporate headquarters.

 

        APC's President and CEO, Rodger B. Dowdell, Jr., is awarded Inc. Magazine's New England 'Entrepreneur of the Year' award.

1991

        APC enters the surge protection market with its SurgeArrest® product, the first offering in what will become a comprehensive line of surge protection solutions.

1993

        APC expands into the 2kVA and higher UPS market with the industry's first modular UPS, Matrix-UPS®.

1994

        The Company opens its first international manufacturing facility in Galway, Ireland to better address the growing European market.

1995

        APC's annual revenues cross the half-billion dollar mark.

 

        The Company introduces over 155 new products, including a new generation of Smart-UPS and the Company's first Back-UPS Pro® models.

1996

        APC's first Asian manufacturing facility opens in the Philippines.

1997

        Valued at approximately $12.6 million, Systems Enhancement Corp., a leading power management company based in St. Louis, MO., is APC's first acquisition.

 

        APC enters the greater than 5kVA UPS market with the revolutionary Symmetra® Power ArrayTM. The product is the industry's first Power Array, a unique solution offering redundancy, scalability and serviceability.

1998

        APC purchases Silcon A/S, a manufacturer of 3-phase UPS systems, providing entry into the market for data center and facility applications.

 

        APC revenues top the billion-dollar mark, making it the first company primarily focused on UPSs to reach this revenue milestone.

1999

        APC introduces PowerShield, addressing the growing broadband needs of cable and fixed wireless applications to the home.

2000

        APC completes three strategic acquisitions which provide entry into new incremental markets including: the DC-power market for communications equipment; the cable and connectivity market for home and business IT applications; and the precision cooling market for data centers and communications equipment.

2001

        APC expands its broadband power offering with acquisition of networking power products from ARRIS.

2002

        APC revolutionizes data center power with the first piece of its network-critical physical infrastructure (NCPI) architecture, PowerStruXureTM.

 

        APC is named to the NASDAQ-100 Index, which is composed of the 100 largest non-financial stocks on the NASDAQ stock market.

2003

        APC introduces the TravelPower™ Case to immediate acclaim. It is the first case designed with integrated charging electronics.

 

        APC introduces InfraStruXureTM, expanding on the unique architecture of APC's PowerStruXure to integrate power, cooling, racks, management and service into an open, adaptable and integrated solution.  InfraStruXure is immediately recognized, winning nearly 20 awards worldwide.

 

        On July 22, APC celebrates 15 years as a public company marking the anniversary of its initial public offering (IPO) held on July 22, 1988.

2004

        APC wins more than 100 awards worldwide during 2004 for its products and business excellence.

 

        APC adds additional cooling systems as well as on-site power generation to the growing InfraStruXure family.

2005

        In 2005, APC expanded its overall NCPI offering with the acquisition of Netbotz, an early stage technology company that addresses a leading concern of network and data center managers alike, specifically physical security of IT assets.  Netbotz products and technical expertise expand and enhance our NCPI offerings in the management and security categories.  

2006

        On March 11, 2006, APC celebrated 25 years of excellence, marking its 25th anniversary since its incorporation in 1981.

2007

        February 14, 2007, Schneider Electric acquires APC and forms the Critical Power & Cooling Services (CPCS) Business Unit, which includes the APC and MGE UPS Systems brands.

 

 

 

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