Emerson acquires Paine Electronics
Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a manufacturer of pressure transducers, is recognised worldwide for its pressure and temperature instrumentation used in some of the most challenging environments.
With this acquisition, Emerson Process Management extends its capabilities in providing measurement technologies for the oil and gas industry with expanded upstream capabilities in subsea and downhole drilling operations. Paine’s products will join the Rosemount portfolio of measurement technologies. Terms of the acquisition were not disclosed.
“Paine’s products are a natural complement to our already strong measurement technologies for the oil and gas industry,” said Tom Moser, group vice president of Emerson Process Management’s Measurement and Analytical technologies. “We are excited about the synergy between our two companies and the opportunities for global business growth.”
Since 1951, Paine has manufactured pressure and temperature sensors designed for long-term stability, accuracy and reliability in physically harsh environments. Paine Electronics earlier this year opened a new research and development centre that offers advanced design capabilities as well as simulation and testing facilities.
WA announces legislation to drive industry investment
The WA Government has announced it is introducing legislation to fast-track approvals for major...
Livium and UoM partner on microwave technology for REE extraction
Livium Ltd has and the University of Melbourne will partner to explore the use of the UoM's...
Australia moves towards Horizon Europe membership
The Australian Government is in negotiation with the EU to join Horizon Europe, the world's...