Menu
Emerson to acquire Avocent

Emerson to acquire Avocent

$US1.2 billion cash payout to combine datacentre powerhouses to increase energy efficiency play

Datacentre vendor, Emerson, will acquire infrastructure management vendor, Avocent for $US1.2 billion.

The deal was unanimously accepted by Avocent board members, and will be an all-cash transaction of $US25 per share. It is expected to close around January 1, 2010. In a release, Emerson chairman, CEO and president, David Farr, said the combination of Avocent’s technologies, relationships and install base with Emerson’s power and cooling presence would allow the combined entity to offer a more compelling energy efficiency solution.

“It furthers our customer’s ability to better manage reliability, availability and lifecycle costs through a simple yet comprehensive view of the complete datacentre physical architecture,” Farr stated.

In 2008, Avocent recorded sales of $US657 million, with nearly 50 per cent of the revenue coming from outside the US. Emerson’s datacentre-related revenues were approximately $2.6 billion in fiscal 2008.

Locally, the vendors are represented by different distributors. Emerson’s partners are Westcon Group and Anixter, while Ingram Micro is a major partner for Avocent.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags acquisitionemersonavocent

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments