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At the annual NI Connect conference, Emerson announced significant hardware and software enhancements to its portfolio that address the growing complexity in tests.
Emerson announced it has closed its acquisition of NI, provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion.
Emerson and NI announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion.
NI confirmed that it has received a proposal from Emerson to acquire the company for $53 per share in cash, following a prior proposal from Emerson to acquire the company for $48 per share.
