Emerson Completes Paradigm Acquisition

Deal expands Emerson’s industrial software capabilities for global upstream oil and gas industry


ST. LOUIS, December 4, 2017 – Emerson (NYSE: EMR) today announced it has completed the purchase of Paradigm®, a leading provider of software solutions to the oil and gas industry.

The combination of Paradigm with Emerson’s Roxar software business creates a comprehensive Exploration & Production (E&P) software portfolio offering.

“Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions,” said Emerson Chairman and Chief Executive Officer David N. Farr. “Paradigm and Roxar together can better help customers achieve Top Quartile Performance by increasing efficiency, reducing costs and improving their return on investment within new and established reservoirs.”

Paradigm is headquartered in Houston and has more than 500 employees globally. The company provides an array of tools that enable customers to gain deeper insight into the subsurface, reduce uncertainty and support responsible asset management.

To view the original acquisition announcement and accompanying presentation, go to Emerson.com/investor or click here for the announcement and presentation.

About Emerson 
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 Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson 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.

Forward-Looking and Cautionary Statements

Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, and competitive and technological factors, among others, as set forth in Emerson’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

Latest News

Emerson Announces Agreement to Divest its Russia Business to Local Management

Emerson has announced an agreement to sell its Russia business, including Metran, its Russia-based manufacturing subsidiary, and Emerson LLC in...

Emerson Completes Sale of Remaining Interest in Copeland to Blackstone

Emerson announced today that it has completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership...

Emerson Reports Third Quarter 2024 Results; Updates 2024 Outlook

Emerson today reported results for its third quarter ended June 30, 2024.
Please enable JavaScript to use this website.