Emerson Invests in Eecomobility Through Venture Capital Arm

MT Newswires Live

2024/11/19

Emerson (EMR) said Tuesday it has invested in Eecomobility through its Emerson Ventures arm.

Financial terms weren't disclosed.

Eecomobility develops artificial intelligence software, rapid battery testing, and characterization systems for tracing defects, the company said.

Emerson shares were down 1.3% in recent Tuesday trading.

Price: 127.44, Change: -1.72, Percent Change: -1.33

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