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October 16, 2017

Emerson to Acquire Paradigm in Half-Billion-Dollar Oilpatch Software Deal

October 16, 2017

Emerson will become largest E&P software provider to global oil and gas industry Today St. Louis’s Emerson (NYSE: EMR) announced it will acquire Paradigm®, a provider of software solutions for oil and gas companies, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA. By Paradigm joining Emerson’s existing Roxar software business targeting exploration

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