Emerson Acquires Software and Automation Businesses
07 July 2019
Emerson has completed the purchase of Zedi’s software and automation businesses, according to an announcement from the company.
The addition of Zedi’s cloud supervisory control and data acquisition (SCADA) platform will enable Emerson to help oil and gas producers increase production and lower operating costs.
“As world energy demand continues to grow, helping our vital oil and gas market customers maximise their resources is a top priority,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. “Through our vast portfolio of automation technologies, we are helping the industry navigate ever-changing market dynamics and operational challenges. The addition of Zedi strengthens our ability to help customers leverage the latest advances from the field to the refinery.”
The acquisition will combine Zedi’s scalable cloud platform and applications expertise with Emerson’s applications, controller, instrumentation and flow metering portfolio.
“Oil and gas producers today are challenged to meet production targets while controlling costs, and they are looking for opportunities to transform operations and make their teams more effective through digital solutions like analytics and mobility,” added Jim Nyquist, group president of Emerson’s systems and solutions business. “This important investment bolsters our portfolio and ability to help Emerson’s customers achieve Top Quartile performance through emerging Industrial Internet of Things technologies.”
Zedi’s software and automation businesses are based in Calgary, Canada.