VOITH-ELIN Elektronik (VEE for short) is founded on April 1, 1989 as a joint-venture between the companies J.M.Voith (Heidenheim/Germany) and ELIN Energieanwendung (Vienna).
ELIN Energieanwendung takes over the shares of J.M.Voith in the company. VEE becomes a 100% ELIN subsidiary.
Due to the merger of ELIN Energieanwendung and Elektro-Bau AG into ELIN EBG Elektrotechnik GmbH, the company name is changed from VOITH-ELIN Elektronik to ELIN EBG Elektronik GmbH.
Determined by the global strategy of the VA Technology AG the company name is changed to VA TECH ELIN EBG Elektronik GmbH.
Launch of the >pDRIVE< products
STI-ELIN is founded as joint-venture between Schneider Electric (France) and VA TECH ELIN EBG Elektronik for a corporate developement and production of power electronic parts.
With the new owner Schneider Electric the company name changes to Schneider Electric Power Drives GmbH.
Until end of 2010 all products, services and solutions, which are sold under the brand name >pDRIVE<, will move to the brand name "Schneider Electric".