APC

APC

Three Massachusetts Institute of Technology (MIT) Lincoln Labs' electronic power engineers founded American Power Conversion in 1981. At the time, the research and development efforts of these three men were focused on solar power. Over the next few years, APC shifted its focus to power protection introducing its first UPS, the 750, in 1984. The need for capital to support this growing business was satisfied in July 1988 when APC became a publicly held company. The stock, trading under the symbol "APCC," was priced at $7.50, or $.125 per share when adjusted for stock splits.

Over the years, APC has developed a global, end-to-end, product offering targeted at four strategic application areas: Home/Small Office; Business Networks; Access Providers; and Data Centers & Facilities. Internal product development has been augmented with strategic acquisitions to form an industry leading product portfolio. Throughout the world, the APC brand has become synonymous with quality power back-up and management solutions.
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