Foley Hoag Represents 7AC Technologies in Sale to Emerson
November 30, 2020
Boston, MA – November 25, 2020 – Foley Hoag LLP represented Beverly, Massachusetts-based 7AC Technologies, Inc. in its sale to Emerson Electric Co. 7AC Technologies is a technology startup offering an emerging approach to air conditioning technology that enables energy savings and sustainable air management. Emerson, a longtime leader in advanced heating and cooling technologies, has been collaborating with 7AC to commercialize a new technology that enables customers such as commercial building owners and retailers to achieve desired relative humidity and temperature in a single step. The membrane-based liquid desiccant technology is flexible, fully modular and can be incorporated into various applications.
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri, is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Their Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs.
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