Tag: Emerson

RELEASE: Emerson agrees to buy Aventics

Emerson (NYSE: EMR) today announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation applications. Emerson is a leader in fluid automation technologies for process and industrial applications, and Aventics significantly expands the Company’s reach in this growing $13 billion market. Aventics builds upon and strengthens Emerson’s capabilities and solutions […]

RELEASE: Emerson adds support for the Google Assistant to award-winning Sensi smart thermostat platform

Emerson (NYSE: EMR), a leader in the thermostat and HVAC controls industry, today announced its top-rated Sensi™ smart thermostats are now compatible with the Google Assistant. Expanding its smart home platform partnerships while continuing to build on its deep legacy of heating, ventilation and air conditioning (HVAC) expertise is just the latest step in Emerson’s goal of creating a convenient, fully customized home experience focused on individual comfort. “By combining the latest in voice technology […]

RELEASE: Emerson to acquire Tools and Test Equipment business from Textron

Emerson (NYSE: EMR) today announced it has signed an agreement to purchase the Tools and Test Equipment (Tools & Test) business of Textron (NYSE: TXT) for $810 million. Tools & Test is a leading manufacturer of electrical and utility tools, diagnostics, and test and measurement instruments with strong global distribution and highly respected brands, including Greenlee and Klauke. The acquisition, joined with Emerson’s Ridge Tool Company, creates a global $1 billion professional tools business with […]

Emerson partnering with Pink Petro to support women in fuel industry

Emerson, which is based in Ferguson, will join Pink Petro to support women professionals in the energy industry field. Mike Train, executive president of Emerson Automation Solutions said the partnership with Pink Petro is one example of Emerson’s commitment to support the professional development of women working in the energy sector. “One of Emerson’s core tenets is our dedication to creating a global workplace that supports and promotes diversity, and that’s particularly true for women […]