# Rockwell Automation and Schlumberger close Sensia joint venture

Rockwell Automation and Schlumberger closed their joint venture Sensia, an oil and gas automation solutions provider. Rockwell owns 53% and Schlumberger 47%, with Rockwell paying $250 million cash. Sensia is headquartered in Houston, Texas.

- Type: Acquisition
- Announced: 2019-10-02
- Where: Houston, Texas, United States
- Value: $250.0M
- Jobs: 1,000
- Status: completed
- Products: digitally enabled integrated automation solutions for oil and gas
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sensia](https://endata.com/companies/37434.md)
- [Schlumberger](https://endata.com/companies/220.md) (partner)
- [Rockwell Automation](https://endata.com/companies/2401.md) (partner)
- [Sensia](https://endata.com/companies/37434.md) (partner)

## Sources

- [rockwellautomation.com](https://www.rockwellautomation.com/en-us/company/news/press-releases/Rockwell-Automation-and-Schlumberger-Announce-Closing-of-Sensia-Joint-Venture.html), 2019-10-02: "Sensia will make industrial-scale digitalization and seamless automation available to every oil and gas company so their assets can operate more productively and profitably."
- [slb.com](https://www.slb.com/newsroom/press-release/2019/pr-2019-1002-slb-sensia-closing), 2019-10-02: "Sensia will make industrial-scale digitalization and seamless automation available to every oil and gas company so their assets can operate more productively and profitably."
- [industrysamachar.com](https://www.industrysamachar.com/news/rockwell-automation-and-schlumberger-announce-closing-of-sensia-joint-venture/), 2019-11-02: "Rockwell Automation and Schlumberger announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
