KYOTO, Japan (Aug. 02, 2016)—Nidec Corporation announced that its Board of Directors has approved a resolution to acquire the motors, drives and electric power generation businesses of Emerson Electric Co. For this purpose, Nidec entered into an asset and stock purchase agreement on Aug. 2, 2016 (US time). The purchase price is $1.2 billion (on a cash and debt-free enterprise value basis) and the consideration will be all cash.

DUBLIN (August 2, 2016) – Research and Markets has released the "United States Membrane Market By Type (Microfiltration, Reverse Osmosis, Ultrafiltration and Others), By Application (Water and Wastewater Treatment, Haemodialysis, Pharmaceutical, Chemical, etc.), Competition Forecast and Opportunities, 2011-2021" report, which states that the U.S. membrane market is projected to grow at a compound annual growth rate (CAGR) of 8 percent from 2016-2021.