ABB, the Swiss engineering group, is buying British-based Chloride Group for an agreed £860 million ($1.25 billion), as it seeks to improve its automation offering. Shares in Chloride surged 18 percent ... Read More
Emerson Network Power is partnering with Panduit to incorporate its products into Panduit’s Unified Physical Infrastructure (UPI) system, the two companies said today. The UPI system integrates equipment and technology from ... Read More
An Emerson business unit and Korea South East Power Co. have signed a memorandum of understanding to collaborate on modernizing existing power plants and constructing new ones in Korea, the Middle ... Read More
Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More
Akermin Inc. said Tuesday it raised $10 million in its Series B financing round and will use the new funds to develop and bring to market its carbon-capture system for power ... Read More