# Emerson agrees to acquire Open Systems International for $1.6 billion

Emerson announced it has agreed to acquire Open Systems International, Inc. (OSI Inc.), a software provider for power grid management, for $1.6 billion in an all-cash transaction. The acquisition will expand Emerson's software portfolio for the power industry.

- Type: Acquisition
- Announced: 2020-08-27
- Where: United States
- Value: $1.60B
- Status: announced
- Products: operations technology software, power grid management software
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Emerson](https://endata.com/companies/355.md) (acquirer)
- [Open Systems International](https://endata.com/companies/49511.md) (target)
- [Progea Group](https://endata.com/companies/50266.md) (target)

## Sources

- [emerson.com](https://www.emerson.com/en/corporate/news/2020/osiinc-agreement), 2020-08-26: "This acquisition will help the power industry maximize the remarkable opportunity to harness renewable energy sources and to accelerate the transformation to the smart power grid."
- [emerson.com](https://www.emerson.com/en/corporate/news/2020/progea-acquisition), 2020-09-30: "Emerson today announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies."

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