COLUMBUS, Ohio, Feb. 25, 2008 — Emerson Network Power, a business of Emerson (NYSE: EMR) and the global leader in enabling Business-Critical Continuity™, announced today that Aperture’s board of directors agreed in principle to Emerson’s offer to acquire 100 percent of the company’s share capital. Financial terms of the agreement will not be disclosed. The acquisition will become final once all Aperture shareholders have agreed to its terms, and the business will become part of Emerson Network Power.
Aperture, a leading global provider of software for managing the physical infrastructure of data centers, will extend Emerson Network Power’s leadership position in the global data center infrastructure market. Emerson Network Power’s Liebert power, cooling and monitoring products and services are among the most trusted technologies for critical data center applications.
The addition of Aperture to Emerson Network Power’s portfolio will complement and enhance Liebert products as data centers’ physical infrastructure rapidly becomes more complex as a result of increased demand for power and cooling coupled with technology advancements in IT hardware. Specifically, the combination of Aperture’s VISTA® products and Emerson Network Power’s Liebert AC power, precision cooling and monitoring technologies will enable data center professionals to more easily manage complexity. Additionally, data center managers will be better able to control vital operations and increase the availability of business-critical systems by implementing tools and technologies that help them gain visibility into the dynamics of the data center infrastructure.
“Emerson is a highly respected global company with an outstanding pedigree in data center technology solutions,” said Bill Clifford, chief executive officer, Aperture. “We would not have agreed to the acquisition if we did not genuinely feel that the combined company would be able to deliver significant value to our employees and to our joint customer base. Together, we will also be able to address new markets, such as the emerging demand among small and mid-size data centers for more sophisticated management solutions.”
Bob Bauer, group vice president, Emerson, added, “During its 20-year history, Aperture has built up an impressive reputation as a trusted vendor of highly reliable and innovative data center infrastructure management solutions. Aperture’s vendor-independent VISTA products and its strong business relationship with IT decision-makers will help us to expand the Liebert brand presence into IT operations and better serve IT managers’ data center needs. Aperture will also expand our capability to provide real-time monitoring and optimize performance of the data center, which will help customers eventually control costs more effectively. On behalf of everyone at Emerson, I am very much looking forward to working with Aperture to continue to develop and deliver its world-leading technologies and services.”
About Emerson Network Power
Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business Critical Continuity™ from grid to chip for telecommunication networks, data centers, health care and industrial facilities. Emerson Network Power provides innovative solutions and expertise in areas including AC and DC power and precision cooling systems, embedded computing and power, integrated racks and enclosures, transfer switches, and connectivity. All solutions are supported and installed globally by local Emerson Network Power service technicians. Learn more about Emerson Network Power products and services here www.emersonnetworkpower.com.
About Emerson
Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2007 were $22.6 billion. For more information, visit www.emerson.com.
About Aperture
Aperture is the leading global provider of software for managing the physical infrastructure of data centers. Aperture’s solutions reduce operational risk and improve efficiency through the planning and management of data center resources and real-time monitoring of the environment. Aperture delivers the best practice processes that enable organizations to take control of an increasingly complex physical infrastructure including equipment, space, power, cooling, network and storage.
With over 20 years of experience, Aperture provides organizations with the information required to optimize their data center operations, delivering better services at the lowest cost. Aperture’s customers include the world’s largest companies, half of which are Fortune 1000 and Global 500 organizations. For more information, please go to www.aperture.com.