09:53 AM EST - Xantrex Technology Inc. : says it has struck a deal to be purchased by Schneider Electric for $15 per share or about $500 million. Xantrex released a statement early Monday saying the company's programmable power business will not be included in the sale to the French electrical engineering firm but will instead be bought by Ametek Inc. for $120 million. Xantrex Technology Inc.
shares T.XTX are trading up $1.27 at $14.73.
