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Rockwell Automation stock price, ROK
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Rockwell Automation latest news:
Siemens prepares for industrial software consolidation
Germany's Siemens is preparing for an eventual consolidation of platforms competing to provide businesses with factory software, its digital factory division head said. While digitally enhanced manufacturing is still in its infancy, competition is already fierce, as evidenced by Emerson Electric's (EMR) failed $29 billion bid to buy Rockwell Automation (ROK) last year.
Emerson Electric pulls Rockwell Automation bid off table
(Reuters) - Industrial-automation systems maker Emerson Electric Co said on Tuesday it abandoned its bid for Rockwell Automation Inc after several rejections, and instead will pursue bolt-on acquisitions as originally planned.
UPDATE 3-Emerson Electric pulls Rockwell Automation bid off table
* Emerson sees $500 mln-$1.5 bln bolt-on deals in next few
Emerson Electric withdraws offer to buy Rockwell Automation
Emerson Electric(EMR) said on Tuesday it has withdrawn its proposal to acquire Rockwell Automation (ROK) for $225 per share. "We are disappointed that the Rockwell board refused even to discuss the potential combination of our two great companies," Emerson Chief Executive David Farr said in a statement.
Rockwell Automation rebuffs Emerson's latest $29 billion bid
(Reuters) - Rockwell Automation Inc rejected Emerson Electric Co's sweetened $29 billion takeover offer on Wednesday, in its strongest rebuttal to date of the proposed combination of two of the world's largest factory equipment makers.
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