Emerson has closed its acquisition of NI, formerly known as National Instruments, a provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion.
The acquisition of NI advances Emerson’s position as a global automation leader and expands its opportunity to capitalise on key secular trends like nearshoring, digital transformation, and sustainability and decarbonisation.
NI brings a portfolio of software, control and intelligent devices that is expected to accelerate Emerson’s revenue growth aligned to its 4-7 percent through the cycle organic growth target. [Read more…] about Emerson completes $8.2 billion acquisition of National Instruments
