Tue05262015

Last updateTue, 26 May 2015 4pm

Emerson Acquires Roxar ASA

Emerson announced Monday it has acquired Roxar ASA. The deal creates the world’s first integrated automation solutions company whose products span from subsea oil and gas reservoirs, to platform and floating production, to transmission, and ultimately through refining and production of goods. Roxar becomes part of Emerson Process Management, adding subsea reservoir management and production optimization for global upstream exploration and production customers.

Source: Emerson

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