TBG announces acquisition of DTN from Schneider Electric | Automation.com

TBG announces acquisition of DTN from Schneider Electric

TBG announces acquisition of DTN from Schneider Electric

June 7, 2017 – With the completion of TBG’s acquisition of DTN from Schneider Electric SE for a total consideration of $900 million, TBG plans to fully reinstate the powerhouse DTN brand that has been known and trusted since 1984, and focus on growing the business in both the domestic and international markets.

DTN is an independent source of insight and analysis, and decision-support solutions to more than 80,000 subscribers worldwide in agriculture, oil and gas, trading and weather-sensitive industries. Through DTN’s suite of products, customers receive actionable market information, weather, news and analysis via a SaaS platform.

As an independent source of mission critical proprietary content and decision support tools, DTN provides customers with actionable insight to make smarter decisions, manage risk and operate more efficiently. The Weather Services business serves customers in energy, aviation, sports and recreation, and transportation to mitigate weather risk via weather forecast accuracy and decision support tools. The Agriculture business provides critical information and solutions to allow farmers and agribusinesses to make better decisions for both production efficiency and the buying and selling of grains, oilseeds and livestock. The Trading business offers configurable tools to help customers analyze and make informed trading decisions in futures and physical commodity markets. DTN’s Refined Fuels business connects the downstream oil and gas supply chain as the digital hub for all supply chain participants.

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