Emerson Acquires Locus Traxx and PakSense to Expand Cold-Chain Monitoring
August 30, 2016
Emerson acquired Locus Traxx (Jupiter, Florida) and PakSense (Boise, Idaho) to expand its cargo- and cold-chain monitoring capabilities for fresh food and temperature-sensitive shipments. The deals add real-time temperature loggers and cloud-based analytics to Emerson's portfolio, strengthening its offering to growers, shippers, retailers and other cold-chain participants.
- Buyers
- Emerson
- Targets
- Locus Traxx, PakSense
- Industry
- Transportation
- Location
- United States
- Transaction Type
- Buyout
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