The 2020 Mid-Year Economic Update_long

Emerson to Acquire Progea Group

Emerson says acquisition will complement the company’s portfolio and “help customers in discrete and hybrid end markets accelerate digital transformation.”
Emerson

Emerson (NYSE: EMR), St. Louis, on Friday announced it has completed the acquisition of the Progea Group, a provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.

“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.”

Progea Group is headquartered in Modena, Italy, with approximately 55 employees.

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