Emerson announced it has agreed to acquire Intelligent Platforms, a division of General Electric. Intelligent Platforms’ programmable logic controller (PLC) and programmable automation controller (PAC) technologies will help to further enable Emerson, a leading provider of automation for process and industrial applications, to provide its customers with a broader portfolio of solutions for control and management of their operations. Terms of the deal were not disclosed.
The acquisition will help to expand opportunities for Emerson in machine control and discrete applications across the process industries and target hybrid markets, such as metals & mining, life sciences, food & beverage and packaging. By interfacing Intelligent Platforms’ PLC and PAC technology with Emerson’s distributed control systems (DCS), customers will be better able to connect “islands of automation” within the plant to further enhance operational performance, safety and reliability.
Both Emerson and Intelligent Platforms are focused on leveraging automation technologies to help drive digital transformation in their end markets. Intelligent Platforms recently developed a new family of cloud-connected controllers and devices to help enable smarter plants, which complements Emerson’s focus on digital transformation and the Industrial Internet of Things through its Plantweb digital ecosystem.
Intelligent Platforms is based in Charlottesville, Virginia with approximately 650 employees worldwide and 2017 sales of $210 million. The business has a 25-year track record as a major industrial automation provider of machine control, industrial computing, input/output (I/O) and networking devices, project and integration services and other hardware/software solutions.
The acquisition is expected to close in the first half of fiscal 2019, subject to regulatory approvals, GE’s consultation with employee representatives where required, and other customary closing conditions.