Flexible Electronics News

Emerson to Advance Global Automation Leadership Through Acquisition of NI

Next step in Emerson’s portfolio transformation, diversifying technology into test and measurement automation.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

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. Emerson already owns approximately 2.3 million shares of NI, representing approximately 2% of shares outstanding, which were acquired at a weighted average price of $36.84. As a result, Emerson’s effective per share purchase price is $59.61. NI provides software-connected automated test and measurement systems that enable...

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