Add-on Acquisition • Technology Hardware

Emerson Acquires Locus Traxx Technologies

On August 30, 2016, Emerson acquired technology hardware company Locus Traxx Technologies

Acquisition Context
  • This is Emerson’s 3rd transaction in the Technology Hardware sector.
  • This is Emerson’s 28th transaction in the United States.
  • This is Emerson’s 2nd transaction in Florida.

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M&A Deal Summary

Date August 30, 2016
Target Locus Traxx Technologies
Sector Technology Hardware
Buyer(s) Emerson
Deal Type Add-on Acquisition

Target Company

Locus Traxx Technologies

Jupiter, Florida, United States
Locus Traxx Technologies, Inc. is a provider of real-time temperature loggers, which can be monitored anytime, anywhere, using cloud-based analytics.
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Buyer Overview 1

Buyer

Emerson

St. Louis, Missouri, United States

Category Company
Founded 1890
Sector Diversified
Employees73,000
Revenue 17.5B USD (2024)
DESCRIPTION
Emerson Electric's corporate headquarters in St. Louis, Missouri.
Emerson Electric's corporate headquarters in St. Louis, Missouri.

Emerson is a diversified manufacturing and technology company. Emerson offers a wide range of products and services in the industrial, commercial, and consumer markets through its Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions businesses. Emerson was founded in 1890 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 43 of 68
Sector: Technology Hardware 3 of 4
Type: Add-on Acquisition 35 of 55
State: Florida 2 of 2
Country: United States 28 of 44
Year: 2016 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-30 PakSense

Boise, Idaho, United States

PakSense, Inc. is a provider of temperature monitoring solutions fitting a wide range of shipments and cost/benefit scenarios that monitor the condition of perishable goods through the supply chain, so that only the freshest and safest products reach consumers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Permasense

Horsham, United Kingdom

Permasense Ltd. is a provider of non-intrusive corrosion monitoring technologies for the offshore and onshore oil production, refining, chemical, power, pipelines, metals and mining and other industries. Permasense® monitoring systems use unique sensor technology, wireless data delivery and advanced analytics to continuously monitor for metal loss from corrosion or erosion in pipes, pipelines or vessels, and reliably deliver high-integrity data from even the harshest environments.

Buy £31M