Emerson Launches New Laptops - Analyst Blog

A business unit of Emerson Electric Co. (EMR), Ridgid, engaged in the manufacture of innovative tools, equipment and video inspection devices, has introduced a group of hardy laptops and convertible tablet PCs.
 
The innovative products, by Ridgid, are designed on Dell Inc.’s (DELL) Latitude E-Family of laptops and PCs, E6400 XFR, XT2 XFR, E6410 ATG and E641. E6400 XFR is designed to meet the daily work related challenges. XT2 XFR with innovative multi-touch screen is the thinnest and smallest convertible tablet PC. E6410 ATG provides a flexible and durable work solution and E641 is designed for long working hours with a good battery backup.
 
The Ridgid laptops and PC’s are personalized by Dell OEM Solutions to meet specific requirements of original equipment manufacturers (OEMs), with the ability to survive the toughest conditions like rain, dust and dirt as well as extreme temperatures that we usually face in our work locations.  The products can also withstand accidental falls from up to four feet. With Dell's OEM division, Ridgid will provide a personalized solution to the laptops users as per their requirements and these laptops will be connected with Ridgid’s diagnostic tools, like the RIDGID SeeSnake LT1000 laptop interface, and online business tool, RIDGIDConnect.
 
Emerson continues to invest in breakthrough technologies, expand its geographic presence and improve the cost structure of the business, both organically and through acquisitions. We anticipate that the emerging markets will continue to outperform mature markets and would represent a significant portion of the company’s total sales. Furthermore, the emerging markets are expected to recover faster compared with the U.S. and Europe.
 
Based in St. Louis, Missouri, Emerson Electric Co. is a diversified global manufacturing and technology company.  It offers a wide range of products and services in the areas of process management, climate technologies, network power, storage solutions, professional tools, appliance solutions, motor technologies, and industrial automation. Major competitors of Emerson are ABB Ltd. (ABB), General Electric Co. (GE) and Hitachi Ltd. (HIT).
 
We currently maintain our Neutral recommendation on Emerson Electric Co., with a Zacks #3 Rank (Hold recommendation) over the next one-to-three months.
 
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