American Power Conversion Corporation - Principal Competitors

Principal Competitors

Liebert Corporation; Powerware Corporation; MGE UPS Systems; Trippe Manufacturing Company; Phoenixtee Power Company Ltd.; Belkin Components; Chloride Power.

Key Dates:

1981:

APC is founded by three engineers from the Massachusetts Institute of Technology.

1982:

To stay afloat, APC begins manufacturing lead batteries.

1984:

APC abandons the solar power business and introduces its first uninterruptible power supply product, the 750.

1988:

APC completes its initial public offering of stock.

1994:

APC establishes its first overseas facility in Galway, Ireland.

1998:

APC acquires Silicon A/S; sales eclipse $1 billion.

2003:

Sales approach $1.5 billion.