Acquisition complements Emerson's portfolio and helps customers in discrete and hybrid end markets accelerate digital transformation
The addition of Progea's capabilities in analytics, industrial visualization and IIoT will build upon Emerson's embedded software and control portfolio for manufacturing, infrastructure and building automation applications and enable customers to streamline comprehensive machine and plant control systems to a single partner. This acquisition will help bridge a critical customer technology gap by lowering total cost of ownership and reducing the barriers that come with working across multiple vendors to drive more successful digital transformation and integration.
"The acquisition of Progea strengthens our ability to provide customers with an integrated package of control, visualization and IoT to help our customers improve overall equipment efficiency and accelerate their digital transformation journey," said Lal Karsanbhai, executive president of Emerson's Automation Solutions business. "Progea's capability and expertise in machine and plant-level visualization and analytics provide customers with a flexible, scalable solution for their programmable logic controller (PLC) applications in discrete and hybrid markets."
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About Emerson
About Progea
Since 1991, Progea has been producing software for visualization, data acquisition and management for industrial automation. The only Italian company on the international market of automation software platform manufacturers, Progea is recognized for its professionalism and innovation in software products, which are considered a reference point for improving productivity, reducing operating costs and optimizing operations in every sector of the automation field, including automotive, building automation, manufacturing, pharmaceuticals, energy, oil & gas, infrastructure, and water & wastewater. The activities of the
Forward-Looking and Cautionary Statements
Statements in this press release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include the scope, duration and ultimate impact of the COVID-19 pandemic as well as economic and currency conditions, market demand, including related to the pandemic and oil and gas price declines and volatility, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the
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