Emerson Electric Co.

History

Year	Detail
1890	Charles and Alexander Meston established The Emerson Electric Manufacturing Company in St. Louis, Missouri.
1892	The fledgling company built its business around AC motors and manufactured the first electric fans sold in North America.
1897	The Emerson ceiling fan is introduced.
1933	It added a variety of fan lines to appeal to a broad range of consumers.
1980	Emerson moves into the international arena, investing abroad to meet customers’ needs in expanding markets.
1989	The Emerson Motor Technology Center is established.
2001	Entered Asian markets by acquiring Avansys, China’s leading network power provider, and forming Emerson Network Power India Private Ltd.
2004	Emerson acquires Marconi’s outside plant and power systems business.
2006	The company acquires Germany-based Knürr AG and U.S.-based Artesyn Technologies, further strengthening the capabilities of its network power business.
2007	Emerson strengthens its network power and storage solutions businesses with the acquisition of, respectively, Motorola’s embedded communications computing business and Lionville Systems, a leading manufacturer of point-of-care carts for healthcare facilities.
2008	The company has acquired Aperture, a leading provider of data center management software.
2009	Emerson introduces DeltaV Electronic Marshalling with CHARacterization Module (CHARM) technology. This new solution reduces the complexity of connecting automation systems with thousands of temperature, pressure, level, flow, and other control and measurement devices in a typical process operation. The approach helps companies complete projects on budget and on time.
2010	It has opened the Emerson Innovation Center, Fisher Technology in Marshalltown, Iowa (U.S.) and strengthens with two major acquisitions: Avocent Corporation, a leader in delivering solutions that enhance companies’ integrated data center management capabilities, and Chloride, which provides commercial and industrial uninterruptible power supply systems and services.
2012	The company has introduced the Trellis platform, the data center infrastructure management (DCIM) hardware and software package that can control a complete array of data center equipment and IT resources from a single console.
2013	It has acquired the Virgo Valves and Controls LTD of Pune, India, a manufacturer of ball valves and automation systems, and Enardo LLC of Tulsa, Oklahoma (USA), a manufacturer of tank and terminal safety equipment. Both are absorbed into the Emerson Process Management business.
2014	Emerson introduced Sensi, its first universal Wi-Fi thermostat, and opened the Emerson Innovation Center, Process Systems and Solutions, in Round Rock, Texas (USA), to drive research and development for its process control and automation technologies.
2016	It has opened The Helix Innovation Center on the campus of the University of Dayton to provide a collaborative environment to advance research and education for the global HVACR industry.
2017	The company has completed the acquisition of the Valves & Controls business from Pentair plc. The acquisition expands Emerson’s final control portfolio of process automation technologies.
2018	Emerson acquired the Intelligent Platforms, a division of General Electric that makes programmable logic controllers for machine automation applications. The acquisition enables Emerson to provide its customers with broader control and management of their operations.
2019	The company has launched a new Digital Transformation business within its Automation Solutions platform to bring together critical resources to help manufacturers develop and implement pragmatic digital transformation strategies to deliver industry-leading performance.
2021	It has completed the purchase of Open Systems International Inc. for $1.6 billion. Emerson introduced its new Lumity brand of analytics software and digital solutions that monitor environmental factors to help safeguard temperature- and humidity-sensitive products across the pharmaceutical and food supply chains.