Industrial automation company Emerson has reached a deal to acquire Paradigm, a provider of software solutions for the oil and gas industry.
The purchase price is $510 million, which Emerson says reflects a multiple of 13 times expected 2017 EBITDA.
Emerson says it will combine Paradigm with its existing Roxar software business to provide an exploration and production software portfolio with offerings spanning seismic processing and interpretation to production modeling. Continue reading Emerson to acquire Paradigm for $510 million
Emerson has launched what it claims is the industry’s first controller designed for automation versatility and industrial internet of things-enabled operations.
The Emerson DeltaV PK Controller simplifies capital projects and prepares organisations for the operational benefits of IIoT, says the company.
Emerson says the DeltaV PK Controller makes the advanced automation of its DeltaV distributed control system available to fast-growth industries traditionally less reliant on large-scale automation. Continue reading Emerson launches ‘industry’s first’ controller designed for automation versatility and IIoT operations
Industrial automation company Emerson has inaugurated a new facility on its Polish site.
The new part of the Emerson facility produces Asco valves, and was inaugurated on in Lodz, Poland by Emerson CEO David Farr.
The event was attended by members of management board and representatives of the city of Lodz with the mayor Hanna Zdanowska. Continue reading Emerson inaugurates Polish manufacturing facility
Company says new component provides Industry 4.0 diagnostics for pneumatics through direct digital control
Emerson have expanded the ASCO Numatics 580 Series fieldbus electronics platform with the introduction of an IO-Link communication option.
The company says the new IO-Link module is for use with the ASCO Numatics 500 Series valve islands, and will allow machine automation designers a convenient, cost effective and reliable solution for solenoid valve control through direct digital data communication with the machine controller plus the ability for event-based and I/O mapped diagnostics – both important predictive maintenance requirements for Industry 4.0.
The 580 Series IO-Link is compatible with the full range of 501, 502 and 503 Series valve islands which offer from 400 to 1400 l/min flow rates in valve sizes of 11, 18 and 26 mm. Continue reading Emerson launches new control module for industrial machines
Measuring over 100m wide and over 60m high and with a lifting capacity of 45t, the port crane used for loading and unloading containers is one of the many items of equipment that have been modernised during the current year by Apator Control engineers.
The crane at the DB Port Szczecin container terminal has undergone a thorough electrical and mechanical refit.
As part of the electrical overhaul, Apator Control used systems from the company Control Techniques: Unidrive M AC and Mentor MP DC drives controlled by the Simatic S7 Programmable Logic Controller (PLC). Continue reading Emerson drives streamline port crane application