Emerson Expands Industrial Automation Control and Software Footprint with Agreement to Acquire Progea Group
Acquisition complements Emerson’s portfolio and helps customers in discrete and hybrid end markets accelerate digital transformation
Emerson (NYSE: EMR) today announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies.
The addition of Progea’s capabilities in analytics, industrial visualization and IIoT will build upon Emerson’s embedded software and control portfolio for manufacturing, infrastructure and building automation applications and enable customers to streamline comprehensive machine and plant control systems to a single partner. This acquisition will help bridge a critical customer technology gap by lowering total cost of ownership and reducing the barriers that come with working across multiple vendors to drive more successful digital transformation and integration.
“The acquisition of Progea strengthens our ability to provide customers with an integrated package of control, visualization and IoT to help our customers improve overall equipment efficiency and accelerate their digital transformation journey,” said Lal Karsanbhai, executive president of Emerson’s Automation Solutions business. “Progea’s capability and expertise in machine and plant-level visualization and analytics provide customers with a flexible, scalable solution for their programmable logic controller (PLC) applications in discrete and hybrid markets.”
Progea Group is headquartered in Modena, Italy, with approximately 55 employees.
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information visit Emerson.com.
Future offshore oil and gas fields are most likely to be “satellite developments” that are less expensive and emit less greenhouse gasses than other fields because they do not require new production platforms. An innovative Norwegian computational tool called “Slug Capturing 2” is now enabling the design of longer pipelines that will allow many more fields to be developed as satellites.
Out of sight from land and from the air, the Norwegian shelf is covered by a spider’s web of pipelines through which production fluids flow from the wells tapping the reservoirs.
This system carrying oil, water and gas in the same pipeline is called multiphase transport.
Research scientists in Norway have now developed a simulation model designed to meet one of the biggest challenges created by this form of pipeline transport—the formation of slugs. These limit the distance at which a satellite field can be developed from its host facility and require that major safety margins are built into the design of multiphase facilities.
Reducing CO2 emissions
Multiphase technology came into being at SINTEF and the Norwegian Institute for Energy Research (IFE) almost 40 years ago. This technology makes it possible to transport unprocessed oil and gas straight from a field’s production wells to platforms located on neighboring fields or directly to land.
Multiphase transport is the key factor that has enabled fully integrated production facilities to be installed on the seabed. It allows oil and gas to be recovered offshore without the high levels of energy consumption and greenhouse gas emissions that the construction of new