Pelco is for sale, being shopped by an investment bank, IPVM has confirmed from multiple sources.
The company, acquired by Schneider Electric in 2007 for $1.5 billion USD, has been mismanaged by Schneider in a decade of decline.
In this note, we examine how the sale is being positioned, the potential valuation, the failed 2013 Hikvision acquisition of Pelco, who would make the most sense to buy Pelco now and what is the future for Pelco.
UPDATE March 2019: Pelco is now in the final stages of being sold, says Pelco.
UPDATE May 2019: The deal is done and some employees have been laid off, according to various sources. And Schneider has announced / confirmed the deal is done.