ACHRNEWS

Feb. 27, 2006: Emerson Acquires Knurr AG

February 27, 2006
ST. LOUIS - Emerson has acquired Knurr AG of Munich, Germany, whose enclosure systems for the telecommunication and data industries - along with its cooling technologies - will become part of Emerson Network Power's technology offering. Emerson will pay approximately 80 million euros (including all debts assumed) for Knurr.

Knurr joins with Emerson Network Power's Liebert brand and its recent Cooligy acquisition to provide rack solutions, mission-critical cooling, and systems integration for data center and telecom sites.

Company officials say Knurr's broad platform of rack systems will integrate Emerson's cooling and power management technologies, helping customers solve problems in new and existing installations and giving data center managers more flexibility in facility design.

"The rack is fast becoming a critical product on the data center floor, serving as a platform for integrating power, cooling, and information technologies," said David N. Farr, Emerson chairman, chief executive officer, and president. "The addition of Knurr's market-leading products and technologies supports our strategy to make the Liebert Adaptive Architecture the desired standard for IT facilities."

Knurr also designs enclosure platforms for the telecom industry, and is serving telecom customers with liquid rack-cooling systems and advanced TCA-compliant, extreme-density cabinets. These cabinets contain power and cooling technologies, making it possible to deploy the next generation of wireless telecom technologies, says the company.

"With Knurr, we further strengthen Emerson Network Power's competitive advantage," said Ed Feeney, Emerson senior vice president, "helping customers solve power, cooling, and monitoring problems for IT or telecom sites and delivering ready-to-deploy rack and enclosure solutions."

Knurr, with sales in 2005 of approximately 128 million euros, has manufacturing facilities throughout Europe, the United States, and South America, and has a sales and marketing presence in 35 countries.

Publication date: 02/27/2006