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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.
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.