It probably would have been a good merger or takeover, but it didn’t happen.
Emerson Electric’s initial $27 billion bid to buy Rockwell Automation was rejected by the latter company’s board, as was the former’s subsequent, raised bid of $29 billion.
Some business analysts said combining strengths would be a good move for both companies, but Rockwell seems to have plans of its own which do not include a takeover or merger. Continue reading Emerson withdraws bid to buy Rockwell
Rockwell Automation has launched a new artificial intelligence system which the company says “models, monitors and optimizes industrial operations”.
The company says that the “novel” AI system learns specific applications and alerts operators to errors, and suggests solutions.
Creating diagnostic analytics solutions in industrial operations has long required expert data scientists with a deep understanding of the specific application to be analyzed, says Rockwell. Continue reading Rockwell launches new AI system for monitoring and managing industrial operations
Rockwell Automation has invested in The Hive, a Silicon Valley innovation fund and co-creation studio, although the company did not say exactly how much it has invested.
The company says the investment is design to provide access to an ecosystem of innovators and technology start-ups with a focus on applications of artificial intelligence to industrial automation.
As industrial companies use more software in their operations, there are many new opportunities to introduce AI into the sector. Continue reading Rockwell Automation invests in artificial intelligence for industrial automation
Emerson Electric, a company with a market capitalisation of more than $40 billion, is trying to buy Rockwell Automation, which has a market cap of about $26 billion.
Emerson has reportedly offered more than $27 billion for Rockwell, but has been rejected.
Not apparently because of the money, but because Rockwell is said to be “fiercely independent” by CNBC, which says the acquisition bid was met with a “terse rejection”. Continue reading Industrial consolidation: Emerson Electric tries to buy Rockwell Automation for $27 billion
Rockwell Automation has launched an infrastructure-as-a-service which the company says simplifies and accelerates networks.
The new service bundles networking products and remote-monitoring support into one contract.
Rockwell says a secure and robust network infrastructure is essential to improving overall competitiveness in a connected enterprise, but designing, deploying and maintaining this infrastructure can be complex and time consuming for many companies, and is often too costly for their capital budgets. Continue reading Rockwell Automation launches infrastructure-as-a-service to simplify setting up industrial networks
Rockwell Automation has launched a new line of open architecture industrial computers and thin clients.
Thin clients are lightweight computers used to connect to a server from a remote location.
Rockwell says its new VersaView 5000 portfolio provides a “modern visualization solution for smart manufacturing”. Continue reading Rockwell Automation launches new range of industrial computers and thin clients