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Not sure of the timeline, but here's a general geneology.
Exide Electronics was bought by Invensys and named Powerware Corp, then Invensys Powerware was bought by Eaton Corporation. So to answer you question, sir, "Yes, but indirectly, sir." Hope this helps. I did work at Exide Electronics a long time ago ('94-'96).
Several articles in NY Times, or other business journals, give a similar lineage - but it's hard to piece together. NOTE: other entities exist today, such as Exide Technologies Group, Exide Batteries, et al - similar sounding, but different.
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