Emerson acquires IT solutions provider Avocent
Emerson's Network Power will deliver Avocent infrastructure management solutions to its data center customers.
Emerson's Network Power subsidiary has acquired IT solutions provider Avocent for $1.2 billion.The company said the deal, expected to close around January 1, 2010, will extend the integrated solutions it provides to data center managers and creates significant opportunities for growth.
Avocent blends hardware, software and embedded technologies in a unified platform to simplify monitoring, managing and problem solving in any size data center. The company said Avocent's IT infrastructure management technology complements Emerson Network Power's power systems, energy management and precision cooling solutions.
Emerson's data center-related revenues were approximately $2.6 billion in fiscal 2008.
David N. Farr, chairman, CEO and president at Emerson, said: "Combining Avocent's technologies, relationships and installed base with Emerson's power and cooling presence allows us to offer a more compelling solution to our data center customers' most pressing challenge, energy efficiency. It furthers our customers' ability to better manage reliability, availability and lifecycle costs."
Last year, Emerson acquired data center management software firm Aperture for an undisclosed amount, and now operates it as an autonomous business division of Emerson Network Power .
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
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Read more: 2015 Salary Survey