Emerson closes takeover of GE division

Emerson has closed on its acquisition of the Intelligent Platforms arm of General Electric, officials for the newly expanded company confirmed February 1
Emerson closes takeover of GE division Emerson closes takeover of GE division Emerson closes takeover of GE division Emerson closes takeover of GE division Emerson closes takeover of GE division

The addition of Intelligent Platforms programmable logic controller (PLC) technologies will enable Emerson to expand its capabilities in machine control and discrete applications

The deal was first announced in early October, and the terms and financial details surrounding the agreement were not disclosed.

The new division will expand Emerson's presence as a comprehensive automation solutions provider, and its cloud-connected device and controller portfolio will now ideally complement Emerson's own Plantweb digital ecosystem.

"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.

"By interfacing Intelligent Platforms' PLC technology with Emerson's leading distributed control systems, customers will be able to connect ‘islands of automation' within the plant to further enhance operational performance, safety and reliability," the company said.

Intelligent Platforms, which employs about 650 people worldwide, had sales of US$210 million in 2017. GE Power president and CEO noted last year that the sale would aid its division in pursuing its growth strategy, especially across its key areas of machine control, industrial computing, input/output (I/O) and networking devices, project and integration services and other hardware/software solutions.