Emerson, a global manufacturing and technology company, has completed the acquisition of Zedi’s software and automation businesses.
Zedi’s cloud supervisory control and data acquisition (SCADA) platform will enable Emerson to help oil and gas producers increase production and lower operating costs through cloud-based monitoring, control and optimisation.
“As world energy demand continues to grow, helping our vital oil and gas market customers maximise their resources is top priority,” said Lal Karsanbhai, Executive President of Emerson’s Automation Solutions business.
“Through our vast portfolio of automation technologies, we are helping the industry navigate ever-changing market dynamics and operational challenges.”
The acquisition of the Canada-based business expands opportunities for Emerson across the global oil and gas production market.
“Oil and gas producers today are challenged to meet production targets while controlling costs, and they are looking for opportunities to transform operations and make their teams more effective through digital solutions like analytics and mobility,” said Jim Nyquist, Group President of Emerson’s Systems and Solutions business.
“This important investment bolsters our portfolio and ability to help Emerson’s customers achieve Top Quartile performance through emerging Industrial Internet of Things technologies.”