To boost the digitalization of operations Emerson announced to acquire Open Systems International, Inc. (OSI Inc.) for approximately $1.6 billion. OSI Inc. is a leading operations technology software solution provider.
- After this deal OSI Inc. broadens and complements Emersons robust software portfolio and ability to help customers in the global power industry, as well as other end markets.
- The addition of OSI also helps to transform and digitize operations to more seamlessly incorporate renewable energy sources and improve energy efficiency and reliability
In Aug 2020, Emerson announced that it has made an equity investment in Germany based inmation Software GmbH, a global software platform developer that further deepens Emersons data management and integration capabilities.
In May 2020, The global engineering firm Emerson, announced that it plans to invest approximately $100 million in Boulder to significantly expand its manufacturing space and launch a new innovation center. The center will focus on new product development & research activity and industry training for its advanced flow measurement products.
In April 2020, Emerson announced that it had completed the acquisition of American Governor Company, a leader in technologies and services for hydroelectric turbine controls. The addition of American Governor builds on Emersons technology capabilities and expertise in the renewables and power industry.
Emerson is a global technology and engineering company, headquartered in Missouri, USA. The company provides innovative solutions for customers in industrial, commercial and residential markets. Emersons Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure.