Emerson Partners with OPSWAT to Boost Critical Infrastructure Cybersecurity Offerings
EMR sits 54% above its 52-week low of $95.31.
Summary
Emerson and OPSWAT have announced a global strategic reseller agreement to enhance cybersecurity for critical infrastructure operators. Under this agreement, Emerson will integrate OPSWAT's operational technology (OT) patch management capabilities into its Ovation Automation Platform, specifically targeting power and water industry customers. This partnership strengthens Emerson's ability to offer purpose-built OT cybersecurity solutions, addressing the growing cyber threats and regulatory pressures faced by critical infrastructure. It also expands on an existing collaboration between the two companies for Emerson's DeltaV Automation Platform, reinforcing Emerson's commitment to providing robust, best-in-class protection for industrial systems. Traders will watch for further details on the adoption and impact of these enhanced cybersecurity offerings on Emerson's market position.
At the time of this announcement, EMR was trading at $147.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $82.5B. The 52-week trading range was $95.31 to $165.15. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Zawya.