Emerson announced a $1.6 billion cash purchase of OSI Inc.OSI is a leading provider of operating technology software. This acquisition adds to Emerson’s strong software portfolio, helping customers in the global power industry and other end markets to digitally transform their businesses and seamlessly integrate renewable energy to improve energy efficiency and reliability.

Digital transformation is the key to realize the modernization of power industry and improve the reliability of power grid.Integrating renewable energy, such as solar and wind, requires balancing the instability of renewable energy with the two-way demand of the grid.This acquisition enables Emerson to combine its power industry expertise and leading-edge technology with OSI software to deliver power transmission and distribution, providing customers with the ability to monitor and optimize end-to-end real-time operations across the power enterprise through scalable software automation and data management capabilities.

Lal Karsanbhai, EXECUTIVE President of Automation Solutions for the acquisition of Emerson, said: “Global utilities are investing in digital power grids to meet rapidly evolving energy and new technology needs, while consumer choice is increasing. This change is unprecedented.The acquisition will help the power industry make more efficient use of renewable energy and accelerate the transition to a smart grid.Emerson therefore has the opportunity to become a leader in the rapidly growing intelligence market with its complete software and technology offerings.”

OSI’s advanced modular technology provides customers with customized solutions that meet their grid management needs and are applicable to other industries as well.Combining OSI’s modular technology with Emerson Ovation™ control systems, the market leader in power generation industry control, enables utility users to better understand the current state of their power systems, significantly optimize energy efficiency from generation to customer delivery, and achieve the important industry goal of reducing carbon emissions.The acquisition will enrich Emerson’s existing portfolio of strong software and automation technologies to support key industries worldwide.

Emerson’s $1 billion portfolio of independent software and related engineering implementation services is growing rapidly to meet customer needs and support operational performance, analytics, and digital transformation.OSI is a large company with high growth, high profitability and long-term customer loyalty.The acquisition, based on Emerson’s software applications, will provide customers with a comprehensive end-to-end solution to help the power industry continue to transform to meet their future needs.

OSI provides open, advanced and high-performance automation solutions to utilities around the world.These solutions include data acquisition and monitoring system (SCADA), energy management system (EMS), distribution management system (DMS), a power outage management system (OMS), power management system (GMS), the substation automation system (sas), a data warehouse (history) analysis, distributed energy resources management system (DERMS), situational awareness system, pipeline application system (PAS), a single software and hardware products and used in the operation of the utility smart grid solutions.

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