Electronics Protection - Fall 2016 - 30
Industry News
Emerson Reaches Agreement to Sell Network
Power for $4 Billion to Platinum Equity
Emerson has announced an agreement to sell Network
Power to Platinum Equity and a group of co-investors.
The transaction is valued at $4 billion and Emerson will
retain a subordinated interest in Network Power. The
sale of Network Power is expected to close by December 31, 2016, subject to customary regulatory approvals.
"This agreement marks a major milestone in the strategic
portfolio repositioning we announced last June," said
David N. Farr, chairman and chief executive officer of
Emerson. "By selling Network Power to Platinum Equity,
we have achieved a successful result for our shareholders as part of our plan to streamline Emerson to create
a more focused company with significant opportunities
for growth and profitability in our core served markets.
We believe Network Power has a bright future ahead and
Platinum Equity is well-positioned to help the company
continue to thrive and realize its full potential."
With revenue of approximately $4.4 billion in fiscal
2015, Network Power, based in Columbus, Ohio is a
leading provider of thermal management, A/C and
D/C power, transfer switches, services and information
management systems for the data center and telecommunications industries.
"I'm very proud of the relationship and mutual trust
that the Emerson and Platinum Equity teams have built
with one another," said Platinum Equity chairman and
CEO Tom Gores. "Emerson is a world class company
that we know shares our commitment to creating value,
and this is an important investment in a business that
will be a cornerstone in our portfolio. It plays to our
core strengths. In addition to our capital resources, we
will deploy our global operations skills to build on the
foundation Emerson created and take this business to
another level."
The proposed sale marks Emerson's second divestiture
to Platinum Equity in the last three years. In November
2013 Emerson sold a 51 percent controlling stake in its
embedded computing and power business, which Platinum Equity rebranded Artesyn Embedded Technologies.
"Emerson has been a great long-term partner and we
are pleased to collaborate again," said Platinum Equity
Partner Jacob Kotzubei. "We have worked extensively
with Emerson to customize a divestiture solution for Network Power that is beneficial for all sides and aligns with
the long-term strategic goals of the business. Network
Power is recognized as a global leader in infrastructure
technologies and we are confident that working together
30
Fall 2016 * www.ElectronicsProtectionMagazine.com
with management we can further extend that position as
a standalone company."
Network Power will continue to be led by Scott Barbour,
who has been executive vice president of Emerson and
Business Leader for Network Power.
Future Facilities Launches Assessment Service
To Provide Guidance to Data Centers as They
Adopt New Performance Indicator
Future Facilities has released its Assessment Service for
The Green Grid's Performance Indicator (PI). While Power Usage Effectiveness (PUE) has been the gold standard
for the measurement of data center energy efficiency
since its formulation in 2006, it is deficient in several key
metrics that can truly gauge how efficiently a data center
is operating.
Innovative at its creation, PUE is still useful in measuring energy use in data centers and how corresponding
changes affect that score over time. However, while the
metric provides an important overview of the energy use
in a data center, additional indicators are needed to provide a more precise evaluation of whether the resulting
performance meets the business need.
In an effort to develop a broader assessment, The Green
Grid brought together a number of industry experts and
as a result, the group recently released the Performance
Indicator; a new approach to assessing and visualizing
data center cooling performance using three uniquely
defined metrics that interact with each other:
* PUE ratio (PUEr) - expressing PUE in relation to
intended operation
* IT Thermal Conformance - ensuring the IT operates
at suitable air inlet temperatures in normal operation
* IT Thermal Resilience - minimizing the risk of equipment overheat in the cases of redundant cooling
system failure and/or planned maintenance
Based on information from the interplay of these PI metrics, data center owners and operators can now make
more informed choices as they assess their cooling performance. Through its utilization, engineers can visualize
the balance between the metrics and how they interact
within the data center. They can also set target ranges
for each metric based on business needs, IT criticality
and facility design. Additional abilities include track performance over the facility's lifetime, test and compare
operational plans before actual implementation.
To calculate these new Performance Indicator metrics,
Future Facilities' PI Assessment Service uses either a
combination of measurement and simulation methods
http://www.ElectronicsProtectionMagazine.com
Table of Contents for the Digital Edition of Electronics Protection - Fall 2016
Electronics Protection - Fall 2016
Contents
Editor's Choice
Choosing the Right Power Solutions to Protect IT Infrastructure
Prefabricated or ISO Container – Which way for Ultimate Data Center Flexibility?
Why Predictive Maintenance is the Proper Maintenance for UPSs
Three Insights into the Future of Medical Device R&D
Building the Power Architecture for the Rio 2016 Olympic Games
Enclosures
Thermal
Power
Hardware
Industry News
Calendar of Events
Electronics Protection - Fall 2016 - Electronics Protection - Fall 2016
Electronics Protection - Fall 2016 - 2
Electronics Protection - Fall 2016 - Contents
Electronics Protection - Fall 2016 - Editor's Choice
Electronics Protection - Fall 2016 - 5
Electronics Protection - Fall 2016 - Choosing the Right Power Solutions to Protect IT Infrastructure
Electronics Protection - Fall 2016 - 7
Electronics Protection - Fall 2016 - 8
Electronics Protection - Fall 2016 - 9
Electronics Protection - Fall 2016 - 10
Electronics Protection - Fall 2016 - 11
Electronics Protection - Fall 2016 - Prefabricated or ISO Container – Which way for Ultimate Data Center Flexibility?
Electronics Protection - Fall 2016 - 13
Electronics Protection - Fall 2016 - Why Predictive Maintenance is the Proper Maintenance for UPSs
Electronics Protection - Fall 2016 - 15
Electronics Protection - Fall 2016 - Three Insights into the Future of Medical Device R&D
Electronics Protection - Fall 2016 - 17
Electronics Protection - Fall 2016 - Building the Power Architecture for the Rio 2016 Olympic Games
Electronics Protection - Fall 2016 - 19
Electronics Protection - Fall 2016 - 20
Electronics Protection - Fall 2016 - 21
Electronics Protection - Fall 2016 - Enclosures
Electronics Protection - Fall 2016 - 23
Electronics Protection - Fall 2016 - Thermal
Electronics Protection - Fall 2016 - 25
Electronics Protection - Fall 2016 - Power
Electronics Protection - Fall 2016 - 27
Electronics Protection - Fall 2016 - Hardware
Electronics Protection - Fall 2016 - 29
Electronics Protection - Fall 2016 - Industry News
Electronics Protection - Fall 2016 - Calendar of Events
Electronics Protection - Fall 2016 - Cover4
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