US-based Emerson, a global leader in automation for process and industrial customers, has completed the purchase of Intelligent Platforms from General Electric. The addition of Intelligent Platforms programmable logic controller (PLC) technologies will enable Emerson to expand its capabilities in machine control and discrete applications, said a statement from the company. Intelligent Platforms, with its portfolio of cloud-connected controllers and devices for smart plants will serve as a strong complement to Emerson’s industry-leading Plantweb digital ecosystem, it said. Through this expansion, Emerson is growing opportunities across process and discrete industries as well as hybrid markets such as metals and mining, life sciences, food and beverage, and packaging.
— GDN
L&L Partners advised
Primary jurisdiction of deal:
2018-10-02
Deal value: USD 210 million
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