Emerson to swallow Paradigm

EMERSON is acquiring oil and gas software company Paradigm for US$510 million (A$650 million), 13 times the expected 2017 EBITDA of the company, in order use data and analytics to improve oiler performance.

Emerson to swallow Paradigm Emerson to swallow Paradigm Emerson to swallow Paradigm Emerson to swallow Paradigm Emerson to swallow Paradigm
This buy will allow Emerson to assist oilers in more efficient operations, lower costs and better return on investment, it said.

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