# Emerson acquires OSI Inc. for $1.6 billion

Emerson agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction. OSI Inc. is an operations technology software provider for the power industry.

- Type: Acquisition
- Announced: 2020-08-28
- Where: United States
- Value: $1.60B
- Status: announced
- Products: operations technology software for power grid management
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Emerson Electric](https://endata.com/companies/654.md) (acquirer)
- [Open Systems International](https://endata.com/companies/49511.md) (target)

## Sources

- [chemengonline.com](https://www.chemengonline.com/emerson-acquires-software-provider-osi-inc-for-1-6-billion/), 2020-08-28: "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."

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