Corporate overview

Powerware is a global provider of premier power systems - integrating a full line of uninterruptible power systems (UPS), telecom power systems, software, turnkey integration and 24/7 maintenance services. Customer applications include critical network and communications facilities requiring maximum availability such as IT networks, data centres, fixed line and wireless telephony and other critical applications.

Powerware integrates a full line of uninterruptible power systems (UPS), power management software and services, allowing customers to easily manage power in a way that increases enterprise wide systems availability. Its products are typically used in networking, PC, financial, medical, industrial, voice and data communications, military and aerospace applications – wherever continuous power is essential to daily operations.

History

Powerware was founded in 1962 and known at that time as Exide Electronics, a division of the Electric Storage Battery Company. Purchased by private investors in 1982, Exide Electronics became a publicly held company in December, 1989.

The company completed several acquisitions between 1992 and 1996, including MPL, a European based UPS sales and service company and DataTrax, a leader software developer. Other major acquisitions included UPS manufacturers International Power Machines, Lectro and Deltec Power Systems, a division of Fiskars.

In 1997 Exide Electronics was acquired by BTR plc, a British engineering and consulting conglomerate, which subsequently merged with Siebe Controls to become a joint company called Invensys plc. Powerware replaced the name of Exide Electronics in April of 1999, representing a move to more clearly identify its products and role in the technology industry.