Schneider Electric extends electrical distribution reach with Aurtra acquisition
Schneider Electric has made major play into Australia's energy industry through the acquisition of asset management provider Aurtra.
Founded in Brisbane by Terry Woodcroft and Steve McRae, Aurtra has developed its own IP centred on sensors and software to monitor, analyse and provide actionable insights for oil transformers. Developed and trialled at The University of Queensland campus, Aurtra's power management solution was first commercialised in 2017. Two years later, it released HealthSense, a multi-function sensor.