Emerson Electric Co..’s (EMR – Free Report), corporate venture capital arm, Emerson Ventures, has made a strategic investment in Spearix Technologies, Inc., a startup providing wireless solutions in industrial environments.
This investment will help Emerson expand its Industrial Internet of Things (IIoT) capabilities while supporting Spearix’s growth. In addition to this investment, EMR has also entered into an engineering collaboration agreement with Spearix.
The implementation of Spearix technology in Emerson’s industrial wireless mesh network portfolio and associated software products will help Emerson achieve increased reliability and range.
EMR’s investment in Spearix is a step forward in its vision for WirelessHART and the evolution of its IIoT product portfolio. Integration of Spearix technology will improve Emerson’s reliability and range, improve coexistence and spectral efficiency, help reduce cost of ownership, and deliver higher data rates to accommodate data-rich devices .
Emerson’s investment will help Spearix drive its advanced radio frequency (RF) and digital signal processor architectures and provide solutions to address connectivity issues in adverse RF environments.
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