Emerson Electric Co. to Buy Avocent for $1.2B
Electrical products maker Emerson Electric Company (www.emerson.com) announced on Tuesday that the acquisition of network equipment technology provider Avocent (www.avocent.com) for about $ 1.2 billion to increase its bid product.
The acquisition will give Emerson the opportunity to continue to improve its data center technologies, construction of the purchase last year of data center software provider Aperture.
Emerson products datacenter bring a considerable amount of revenue for the company, with revenues totaling $ 2.6 billion in fiscal 2008.
Avocent Center data management solutions improve the ability of Emerson to offer total management solutions to their infrastructure data center customers worldwide.
The solutions offer a combination of hardware, software and embedded technologies into a single platform that helps you control, manage and resolve problems in a data center.
Headquartered in Huntsville, Alabama, Avocent generated sales of $ 657 million in 2008, with nearly 50 percent of revenue from outside the United States. The company’s customers include Yahoo! and Brocade Communications Systems.
Avocent also announced Tuesday it signed a contract with Mindtree Global IT solutions company, providing the company with a suite of remote management solutions infrastructure. As a result, Mindtree will be able to manage their data center operations control from anywhere in the world.
“The combination of Avocent technologies, relationships and the installed base with the power of Emerson and the presence of cooling allows us to offer a more convincing to most pressing challenge for data center customers’ – energy efficiency, says David N. Farr, Emerson chairman, CEO and president. “It promotes the ability of our customers better manage reliability, availability and life cycle costs through a simple but comprehensive overview of the entire data center physical infrastructure.”
The deal is expected to close around 1 January 2010, the companies said.
In another high-profile acquisition of an enterprise data center management, Xerox Affiliated Computer Services bought last week for $ 6.4 billion.
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