BUSINESS INFORMATION - Emerson to buy Avocent for $1.2 billion

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BUSINESS INFORMATION - Emerson to buy Avocent for $1.2 billion

from Reuters: Business News
NEW YORK (Reuters) - Industrial conglomerate Emerson Electric Co said it would buy network equipment technology provider Avocent Corp for about $1.2 billion in cash to expand its business that ensures the stability of large computer systems.


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