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Deal expands Emerson’s industrial software capabilities for global upstream oil and gas industry.
December 5, 2017
By: DAVID SAVASTANO
Emerson announced it has completed the purchase of Paradigm, a leading provider of software solutions to the oil and gas industry. The combination of Paradigm with Emerson’s Roxar software business creates a comprehensive Exploration & Production (E&P) software portfolio offering. “Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions,” said David N. Farr, Emerson chairman and CEO. Paradigm is headquartered in Houston and has more than 500 employees globally.
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