Rockwell Automation Reviewing Revised Unsolicited Proposal from Emerson

Rockwell

November 17, 2017

Rockwell Automation Inc.has confirmed that it has received a revised unsolicited proposal from Emerson to acquire Rockwell Automation.

As it did with Emerson’s prior proposals, consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Board of Directors of Rockwell Automation will carefully review Emerson’s proposal to determine the course of action that it believes is in the best interest of the Company and Rockwell Automation shareowners.  The Rockwell Automation Board expects to respond to Emerson’s proposal in due course.

 

Goldman, Sachs & Co. is acting as financial advisor and Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Rockwell Automation.

https://ir.rockwellautomation.com/press-releases/press-releases-details/2017/Rockwell-Automation-To-Review-Revised-Unsolicited-Proposal-From-Emerson/default.aspx

Related Articles

Alithya Welcomes Askida to Its Family and Widens Its Offering of Advanced Application Development and Software Quality Assurance

Alithya Welcomes Askida to Its Family and Widens Its Offering of Advanced Application Development and Software Quality Assurance

Alithya Group inc. is proud to announce the acquisition of the Askida group of companies. Askida is a firm specializing in software quality assurance and application development and modernization. Over the past twenty years, the firm of some 110 professionals, operating in Quebec and Ontario, has developed a solid reputation for supporting major clients in the delivery of critical business solutions.

 

 

 

PB 25 Rockwell newlogo 400

Rockwell Automation and Accenture Industry X.0 Combine Forces to Create Digital Solutions for Industrial Clients

Today, Rockwell Automation, Inc and Accenture’s Industry X.0 announced plans to team up to develop a digital offering to help industrial clients move beyond existing manufacturing solutions to transform their entire connected enterprise.

 

 

 

Schneider 400

Schneider Electric Invests in ETAP Automation INC. (“ETAP”) to Spearhead Smart and Green Electrification

Schneider Electric recently announced it has acquired a controlling stake in ETAP Automation Inc. (“ETAP”), a major software platform for electrical power systems modeling and simulation. Trusted by 10,000+ design and engineering firms globally, ETAP models, simulates, control, and optimizes customer electricity power systems based on their digital twin equivalents.

 

 

 

PB 26 Allied logo 400

Allied Electronics & Automation Strengthens Product Industrial Controls and Maintenance Supply Offerings with Addition of Zep, Ruland Manufacturing and Brainboxes

Allied Electronics & Automation continues to expand its roster of more than 500 world-class suppliers in April, adding to its available inventory of industrial components and supplies including industrial controls, cleaning and maintenance products and electronic components.

 

 

 

SignalFire

SignalFire Announces Product Partnerships in Eastern and Western Canada

 

SignalFire Wireless Telemetry expanded its customer reach and support throughout Canada by adding 2 new channel partners to represent its wireless telemetry solutions. These automation and instrumentation solution providers will increase responsiveness to channel end users by offering local application engineering and product availability.

 

 

Changing Scene

  • Wesco Opens State-of-the-Art Facility in Eastern Canada to Support Influx of Megaprojects in the Region

    Wesco Opens State-of-the-Art Facility in Eastern Canada to Support Influx of Megaprojects in the Region

    Wesco International has recently announced the grand opening of a new state-of-the-art facility on Higney Avenue in Dartmouth, Nova Scotia, Canada, making this the largest facility of any distributor in the Atlantic region. The new building, facilitated by Touchette Real Estate, a division of Groupe Touchette, will feature Wesco’s comprehensive suite of services and solutions including… Read More…

  • PataBid Nominated for Canadian Choice Award in Software Services

    PataBid Nominated for Canadian Choice Award in Software Services

    PataBid is proud to announce its nomination for a Canadian Choice Award in the Software Services category. This recognition highlights PataBid’s commitment to supporting the electrical contracting community across Canada by providing innovative estimating software solutions that streamline estimating processes and ensure predictable and profitable projects. Read More…

Sponsored Content
The Easy Way to the Industrial IoT

The way to the Industrial IoT does not have to be complicated. Whether access to valuable data is required or new, data-driven services are to be generated, Weidmuller enables its customers to go from data to value the easy way. Weidmuller’s comprehensive and cutting-edge IIoT portfolio applies to greenfield and brownfield applications. Weidmuller offers components and solutions from data acquisition, data pre-processing, data communication and data analysis.

Visit Weidmuller’s Industrial IoT Portfolio.

ADVANCED Motion Controls Takes Servo Drives to New Heights (and Depths) with FlexPro Extended Environment Product Line

Advanced Motion Controls is proud to announce the addition of six new CANopen servo drives with Extended Environment capabilities to their FlexPro line. These new drives join AMC’s existing EtherCAT Extended Environment FlexPro drives, making the FlexPro line the go-to solution for motion control applications in harsh environments.

Many motion control applications take place in conditions that are less than ideal, such as extreme temperatures, high and low pressures, shocks and vibrations, and contamination. Electronics, including servo drives, can malfunction or sustain permanent damage in these conditions.

Read More

Service Wire Co. Announces New Titles for Key Executives

Bruce Kesler and Mark Gatewood have been given new titles and responsibilities for Service Wire Co.

Bruce Kesler has assumed the role of Senior Director – Business Development. Bruce will be responsible for Service Wire’s largest strategic accounts and our growing Strategic Accounts Team.

Mark Gatewood has been promoted to the role of Vice President – Sales & Marketing. In this role, Gatewood will lead the efforts of Service Wire Company’s entire sales and marketing organization in all market verticals.

Read More

Tri-Mach Announces the Purchase of an Additional 45,000 sq ft. Facility

Tri-Mach Elmira Facility

Recently, Tri-Mach Inc. was thrilled to announce the addition of a new 45,000 sq ft. facility. Located at 285 Union St., Elmira, ON, this facility expands Tri-Mach’s capabilities, allowing them to better serve the growing needs of their customers.

Positioning for growth, this additional facility will allow Tri-Mach to continue taking on large-scale projects, enhance product performance testing, and provide equipment storage for their customers. The building will also be the new home to their Skilled Trades Centre of Excellence.

Read More

JMP Parent Company, CONVERGIX Acquires AGR Automation, Expanding Global Reach

Convergix Automation Solutions has completed the acquisition of AGR Automation (“AGR”), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry.

Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Read More

Latest Articles

  • How Advanced X-Ray and AI Inspection Technologies Optimize Quality Control and Reduce Costs in SMT Manufacturing

    How Advanced X-Ray and AI Inspection Technologies Optimize Quality Control and Reduce Costs in SMT Manufacturing

    Explore how Omron’s latest X-Ray machines and AI-driven solutions are setting new standards in manufacturing efficiency and quality control. The manufacturing landscape is swiftly evolving, and Omron is at the forefront with its innovative PCB inspection machines. These systems offer profound insights into SMT production process, enhanced quality control, and can significantly reduce labor costs. Advancements… Read More…

  • KUKA Establishes New Software and Digital Business Segment

    KUKA Establishes New Software and Digital Business Segment

    Software is playing an increasingly important role in mechanical engineering. What used to be mostly solved mechanically is now done by electronics and the associated software. “With KUKA Digital, we are expanding our offering in order to position ourselves broadly for a market with strong growth potential. Our customers need products, solutions and consulting approaches to digitalize… Read More…