Emerson acquires Knurr
Security company acquires IT storage and cooling specialist
St. Louis, Missouri-based Emerson (NYSE: EMR) has acquired Munich, Germany-based Knurr AG. Knurr is a developer of enclosure systems for the telecommunication and data industries, as well as cooling technologies. Knurr will become part of Emerson Network Power’s broad technology offering. Emerson will pay approximately EUR 80 million, including all debts assumed, for Knurr.
Knurr will join with Emerson Network Power’s Liebert brand and its recent Cooligy acquisition to offer rack solutions, mission-critical cooling, and systems integration for data center and telecom sites. Emerson made a name for itself in marketing its Liebert XD cooling platform for data centers with extreme density applications. Acquiring Knurr will allow Emerson to take proven technologies from room-level applications and integrating them into the rack. Knurr’s platform of rack systems will integrate Emerson’s cooling and power management technologies, giving data center managers more flexibility in facility design.
-read more in this news release; read more about Knurr’s products at company Web site
