Schneider Electric Ventures invests in Oxford
An
Oxford Sensor Technology product story
Edited by the Engineeringtalk editorial team
Sep 5, 2003
Schneider Electric Ventures has become a significant minority major investor in Oxford Sensor Technology.
Schneider Electric Ventures, a venture capital fund fully sponsored by Schneider Electric, has become a significant minority major investor in Oxford Sensor Technology (OST).
The funding will be used as part of Oxford Sensor Technology's planned expansion programme and for the development of new sensor technology and applications, which will reach the market early next year.
The investment has also given Oxford Sensor Technology opportunities to share information with access to Schneider Electric's large international sales force, increasing consumer awareness of OST products.
A substantial increase in sales has been predicted.
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