Emerson Expands Industrial Automation Control and Software Footprint with Agreement to Acquire Progea Group
October 1, 2020 | software | No Comments
Acquisition complements Emerson’s portfolio and helps customers in discrete and hybrid end markets accelerate digital transformation
Emerson (NYSE: EMR) today announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.
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