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Emerson Goes After Data Center Market with $1.2 Billion Purchase of Avocent
Emerson Electric Co., St. Louis, will acquire network equipment technology provider Avocent Corp., Huntsville, Ala., for about $1.2 billion in cash in a deal that will further Emerson’s ability to deliver total infrastructure management solutions to its data center customers around the world. Avocent provides hardware and software for managing data centers. About half of its 2008 sales of $657 million were from outside the United States. The company focuses on IT operations management solutions that reduce operating costs, simplify management and increase the availability of critical IT environments 24/7 via integrated, centralized software.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
Industry Calendar
June 3-6
Windpower 2012
Atlanta; American Wind Energy
Association (AWEA); 202-383-2500, www.windpowerexpo.org
July 11-12
NAED Congressional Fly-In
Washington, D.C.; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
July 19-21
NAED 2012 Lead Conference
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
August 20-22
NAED 2012 AdVenture
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
.... More events and information
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