Friday, March 28, 2008

Aperture closes on sale to Emerson

Aperture Technologies Inc. reports that it has been sold to St. Louis-based Emerson Electric Co. for an undisclosed amount, company officials said.

Stamford, Conn.-based Aperture, which develops data center management software was founded in 1987. The company plans to operate as a business division of Emerson Network Power, which posts annual revenue of about $5.2 billion, officials said. Aperture's software manages data center equipment, space, power, cooling, network and storage infrastructure.

Aperture acquired St. Louis-based The Advantage Group, a device monitoring and management software firm, in July 2007.

Emerson Electric, founded in 1890, reported a $2.1 billion net income last year on revenue of $22.5 billion. The company specializes in process management, industrial automation and network powers systems.