Company says $8.2B deal will enhance its automation business
ST. LOUIS, MO. — Emerson, a global technology and software company, has agreed to purchase National Instruments Corp. (NI), a provider of testing and measurement tools, for about $8.2 billion, or $60 per share in cash.
The deal was announced April 12 and is expected to close in the first half of Emerson’s 2024 fiscal year, which begins in October.