Aloxy
Venture Round in 2025
Aloxy specializes in Industrial Internet of Things (IIoT) solutions, focusing on monitoring manual valve positions in various process industries such as chemical, oil, and gas. Their services include valve position monitoring, emergency shower monitoring, line blind tracking, device management, network monitoring, and ensuring data integrity.
EECOMOBILITY
Seed Round in 2024
EECOMOBILITY specializes in advanced AI-driven test systems for electric vehicle (EV) battery cell and module production. Its proprietary technology provides over 1200 characteristics in just three seconds, enabling swift and accurate quality assessment.
ZEDEDA, Inc. is a developer of cloud-native edge virtualization software that provides visibility, control, and security for IoT edge gateways, applications, and networks at the enterprise edge. Founded in 2016 and headquartered in Santa Clara, California, with additional offices in Bengaluru and Pune, India, the company offers solutions such as Edge Quick Connect for Azure IoT Edge. This software-as-a-service enables customers to manage and secure their IoT deployments through virtualization and facilitates the use of cloud-managed gateways for remote administration. ZEDEDA's platform supports a variety of applications, including predictive analytics in renewable energy and industrial automation, allowing organizations to monitor and manage real-time edge applications while avoiding vendor lock-in.
First Resonance
Venture Round in 2023
Founded in 2018, First Resonance develops a manufacturing software platform designed for modern manufacturers. Its factory operating system accelerates manufacturing processes, tracks parts and processes from prototype to full-scale production, and provides real-time insights into manufacturing process bottlenecks.
Afag Automation AG
Acquisition in 2023
Afag Holding is a manufacturer specializing in components for assembly automation, focusing on feeding, handling, and transport systems. The company develops and produces a diverse range of products, including linear conveyor systems, linear transfer systems, feeding systems, and various handling modules and components. Through its innovative solutions, Afag aims to enhance the efficiency and effectiveness of industrial automation processes.
National Instruments
Acquisition in 2023
National Instruments Corporation specializes in manufacturing and supplying measurement and automation products. The company offers a range of application software and modular hardware that integrate with industry-standard computers, networks, and third-party devices to develop measurement, automation, and embedded systems. Its key software products include LabVIEW, LabWindows/CVI, and Measurement Studio, which are utilized for designing, prototyping, and deploying systems, as well as creating custom virtual instruments. Additionally, National Instruments provides testing and measurement equipment that supports high-complexity automated testing during the late stages of product development. The company serves over 30,000 customers across various industries, with a particular focus on the semiconductor, transportation, and aerospace and defense sectors.
Mita Teknik
Acquisition in 2021
Mita Teknik specializes in control automation systems for the wind industry, focusing on enhancing the performance and reliability of wind turbines. The company develops and manufactures a range of products, including software and technologies for wind turbine control, pitch control, and wind park management. Additionally, Mita Teknik provides solutions for condition monitoring, communication networks, and grid connections. Through its advanced systems, the company aims to optimize the operational efficiency and yield of wind energy, supporting cost-effective and sustainable energy production.
Dragos is an industrial cybersecurity company dedicated to protecting the world's critical infrastructure. Its platform offers visibility into industrial control systems (ICS) and operational technology (OT) networks, enabling early threat detection and mitigation.
Aspen Technology
Acquisition in 2021
Aspen Technology, Inc. is a global leader in asset optimization solutions, headquartered in Bedford, Massachusetts. Founded in 1981, the company operates across various regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East. AspenTech specializes in software that enhances the design, operation, and maintenance of assets in capital-intensive industries such as energy, chemicals, pharmaceuticals, and transportation. Its product offerings include integrated software suites like aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance, which facilitate the optimization of manufacturing environments, operational performance monitoring, and asset reliability forecasting. The company also provides software maintenance, professional services, and training. Aspen Technology aims to help its clients improve profitability, safety, and sustainability by enabling them to run their operations more efficiently and effectively.
Progea
Acquisition in 2020
Progea is a software company that has been producing software for visualization, data acquisition and management of industrial and building automation systems for over twenty years. Founded in 1990, Progea’s steady growth comes from their insight to constantly invest in software technology and quality improvement research based on their ability to recognize and analyze system integrator needs deriving from their focal starting point: the automation market. Progea has grown rapidly over the years extending its Modena head offices to Legnano (Milan) and further afield with Progea Deutschland GmbH in VS-Villingen (Stuttgart, Germany) as well as offices in Lugano, Switzerland and Appleton (USA).
This steady growth has made Progea one of the leading international automation software platform builders experiencing a 20% turnover increase annually.
Open Systems International
Acquisition in 2020
Open Systems International, Inc. specializes in developing, implementing, and supporting open automation solutions for real-time management and optimization of complex production, transport, and delivery networks across various utility sectors, including electric, oil and gas, transport, and water industries. Founded in 1992 and headquartered in Medina, Minnesota, the company offers a range of products and services, including supervisory control and data acquisition systems, energy management systems, and substation automation solutions. Its platforms, such as the monarch system architecture and OSIRIS remote information system, enable utilities to monitor and control operations effectively. Additionally, the company provides consulting services, training, and support to enhance the capabilities of its clients, which include investor-owned utilities, municipal power providers, and transport companies. Open Systems International has a global presence with locations in several countries, including the United States, Spain, Australia, India, the United Arab Emirates, China, and Singapore.
Verdant Environmental Technologies
Acquisition in 2020
Verdant Environmental Technologies, Inc. is a manufacturer of innovative energy management systems primarily designed for the hospitality industry, as well as for commercial and institutional buildings. Founded in 2008 and based in Lachine, Canada, the company develops products that significantly enhance energy efficiency, such as the VX SERIES thermostat, which features built-in occupancy sensors and various energy-saving presets. These products utilize patented motion and thermal sensing technologies to monitor occupancy and automatically adjust heating and cooling, achieving energy savings of over 40% without compromising guest comfort. Verdant also offers a range of accessories, including wireless sensors and remote management tools, to support its energy management solutions. The company markets its products through original equipment manufacturer partners in North America and operates as a subsidiary of Emerson International Holding Company Limited.
GE Intelligent Platforms
Acquisition in 2018
GE Intelligent Platforms is an experienced high-performance technology company and a global provider of software, hardware, services, and expertise in automation and embedded computing. We offer a unique foundation of agile and reliable technology providing customers a sustainable competitive advantage in the industries they serve, including energy, water, consumer packaged goods, government & defense, and telecommunications. GE Intelligent Platforms is headquartered in Charlottesville, VA.
Aventics
Acquisition in 2018
Aventics GmbH is a manufacturer of pneumatic components and systems based in Laatzen, Germany. The company specializes in developing and producing a wide range of products, including pneumatic cylinders, valves, pressure regulators, and sensors, catering to various industries such as industrial automation, food and beverage, life sciences, and energy. Aventics also designs solutions for commercial vehicles, marine technology, and railway systems. With a history spanning approximately 150 years, the company employs over 2,000 people and operates production facilities in Germany, France, Hungary, the United States, and China. Aventics markets its products through direct sales and a network of dealers in more than 100 countries. The company holds multiple certifications, including ISO 9001 for quality management and ISO 14001 for environmental management, underscoring its commitment to quality and sustainability. Formerly known as Bosch Rexroth Pneumatics GmbH, Aventics adopted its current name in March 2014 and operates as a subsidiary of Emerson Process Management GmbH & Co. OHG.
ProSys
Acquisition in 2018
ProSys, Inc. is a software development and consulting company specializing in process control solutions for various industries, including chemical, petrochemical, refining, pulp and paper, and oil and gas. Founded in 1989 and headquartered in Baton Rouge, Louisiana, ProSys offers a comprehensive range of services that encompass modern control system technology. Their expertise includes basic control, advanced control, multivariable process control, dynamic configuration, state-based control, alarm management, and operator interface design. As of January 2018, ProSys operates as a subsidiary of Emerson Automation Solutions, enhancing its ability to deliver innovative and effective process control engineering services globally.
MYNAH Technologies
Acquisition in 2017
MYNAH Technologies, LLC specializes in providing process simulation and industrial Ethernet solutions tailored for the process industries. The company's flagship product, Mimic, is a dynamic simulation platform that integrates with control systems to deliver real-time input/output signals and process models, facilitating effective training and operational lifecycle management for process plants. MYNAH also offers DeltaV industrial Ethernet drivers and virtual I/O modules that connect seamlessly with various plant floor devices, including PLCs and weigh scales. Their solutions are utilized across a range of sectors, such as chemical, refining, energy production, life sciences, and mining. In addition to product offerings, MYNAH provides consulting services for plant floor integration, driver development, and device testing, enabling engineers to enhance process control strategies. Founded in 2002 and headquartered in Chesterfield, Missouri, MYNAH Technologies has sales and service locations in Baton Rouge, Louisiana; Houston, Texas; and Hurth, Germany. The company operates as a subsidiary of Emerson Electric Co.
Permasense
Acquisition in 2016
Permasense Limited specializes in the research and development of advanced corrosion monitoring systems and sensor devices specifically designed for the oil and gas industry. The company's innovative monitoring systems function effectively in extreme temperature environments and hard-to-reach locations, employing wall thickness measurement to provide continuous data to users. Permasense serves a range of facilities, including onshore and offshore oil and gas production sites, refineries, chemical processing plants, and power generation facilities across various countries, including the United States, Germany, the Netherlands, Spain, Australia, and Trinidad and Tobago. Incorporated in 2008 and based in Horsham, United Kingdom, Permasense operates as a subsidiary of Emerson Process Management Limited. Its solutions aim to enhance asset integrity management, reduce the risk of unplanned outages, and improve safety by minimizing the need for inspection personnel to work in hazardous conditions.
Spectrex
Acquisition in 2015
Spectrex Inc. specializes in the manufacturing and marketing of flame detectors and open-path gas detectors. Headquartered in Cedar Grove, New Jersey, the company provides advanced automatic fire detection and suppression systems specifically designed for U.S. Army and Marine armored vehicles. Spectrex is recognized for its commitment to safety and innovation, having introduced pioneering products such as the first UV/IR and IR3 flame detector designs. The company offers a diverse range of over 40 flame detector designs and 28 open-path gas detector models, addressing various application challenges in high-risk environments. With a focus on enhancing safety for employees and protecting valuable assets, Spectrex has established itself as a leader in the industry, with its systems deployed in over 30,000 military vehicles worldwide, including those used in combat zones. The company continues to invest in research and development to meet the evolving needs of high-value industries, ensuring effective protection against fire and explosion hazards.
Cascade Technologies
Acquisition in 2014
Cascade Technologies offers a number of products that allow for monitoring of greenhouse
and general industrial emissions, hazardous gases, explosives
and drugs.
APM Automation Solutions
Acquisition in 2013
APM Automation Solutions is a company specializing in the manufacture of volume and level measurement instrumentation for industrial applications. Founded in 2005 and headquartered in Tel Aviv, Israel, APM Automation Solutions offers a range of products including the 3DLevelScanner, which uses low-frequency pulses to measure the level, volume, and mass of stored contents in various containers. The company's technology is employed across multiple industries such as food and beverage, power, metals and mining, chemical, pulp and paper, and others. APM Automation Solutions provides additional tools like 3DLevelManager software for configuration and control, and 3DLinkPro for wireless communications with their products. The company supports its global customer base through a network of distributors in Europe, the United States, Asia Pacific, South America, North America, Australia, and Africa.
Advanced Protection Technologies
Acquisition in 2013
Advanced Protection Technologies is a global manufacturer of surge protection devices, headquartered in Clearwater, Florida. The company specializes in creating a range of products, including medium voltage and low voltage surge protective devices, as well as transient voltage suppression solutions tailored for commercial and industrial applications. Their offerings encompass modular and non-modular systems, din rail products, and specialized applications designed to protect sensitive equipment from electrical disturbances and grid irregularities. Advanced Protection Technologies has earned recognition for its exceptional customer service and support, receiving multiple awards from Frost & Sullivan for superior service and ranking first in the three-phase surge protective device market. Their dedication to quality and service is driven by a focus on sophisticated system integration and a skilled workforce.
Avtron Loadbank
Acquisition in 2012
Avtron LoadBank, based in Cleveland, Ohio, is a leading designer and manufacturer of power test equipment, known for its innovative solutions in the power generation sector. The company specializes in high-quality resistive and reactive load banks, as well as neutral grounding resistors and industrial power resistors. Avtron’s products are essential for the standby power generation, uninterruptible power supply (UPS), and other power equipment industries, providing critical support for factory testing, commissioning, service, and maintenance of standby emergency power systems including diesel generator sets, gas turbine generators, and UPS systems. With a focus on long-term support, Avtron LoadBank has established itself as a trusted partner for a wide range of industries, including military and government sectors.
The Automation Group
Acquisition in 2008
The Automation Group, Inc is providing technical and management services for the design, engineering and implementation.
Artesyn Technologies
Acquisition in 2006
Artesyn Technologies is a global leader in designing and manufacturing reliable power conversion and embedded computing solutions. With over 40 years of experience, they serve industries such as communications, computing, healthcare, military, aerospace, and industrial automation. Their product portfolio includes AC-DC power supplies, DC-DC converters, and embedded computing solutions like single board computers and application-ready platforms.
Numatics, Incorporated
Acquisition in 2005
Numatics Incorporated is a leading manufacturer of pneumatics and motion control products. Their broad spectrum of custom developed products and application components have made a significant impact on pneumatic innovation as well as pneumatic and motion control technology. Their company has an extensive history of generating innovative concepts and technological breakthroughs. In fact, their innovativeness dates back to their humble beginning in 1945. With the introduction of the billion cycle, lapped spool and sleeve valve in 1952, they firmly established their reputation for design excellence and established the benchmark for value, reliability and performance.
Today, they continue their constant pursuit of offering their customers the best solutions for their application requirements at an economical price. For instance, the introduction of the 2005 and 2012 Series Valves with advanced integral Fieldbus electronics has again established a new benchmark for industry. Today, their product depth covers all major pneumatic component categories: Air Preparation, Motion Control, Valves, and Accessories. Furthermore, their comprehensive product offering and global representation enables Numatics to be your single-point fulfillment company for all of your pneumatic component requirements. - They are Everywhere You Need Us To Be!
Intellution
Acquisition in 1996
As of November 5, 2002, Intellution, Inc. was acquired by GE Fanuc Automation North America Inc. Intellution develops and supports process control software for continuous flow plans. Its flagship product, the FIX, allows a single user to monitor, collect information and control manufacturing processes via interfaces to programmable controllers on the plant floor. The company was founded in 1980.
Veerum Inc., founded in 2014, is a Calgary-based company specializing in Industrial Internet of Things (IIoT) solutions. It develops an AI-driven platform that predicts and resolves project issues throughout the lifecycle of design, fabrication, and construction. Veerum creates digital replicas of physical capital projects using sensor technology.