The deal has now officially been announced. It is an $8.2 billion all cash transaction with existing shareholders being offered $60 per share The acquisition has the unanimous support of the Emerson board and as well as the support of the NI board, and is contingent (among other things) upon NI shareholder approvals. It is […]
Overnight reporting from Reuters indicates that Emerson has raised the offer to acquire National Instruments from $53 to about $60 per share.
Dr. T isms now posted on YouTube
Dr T isms…now with crowd-sourced entries Dr. T has provided us with the a set of short videos where he describes a collection of his management wisdom. They are called Dr. T “isms”. New: You can help “crowd source” new “isms” that you may have learned at National Instruments. Scroll down to see the […]
According to the website “Seeking Alpha” the deal to acquire National Instruments is expected to close in early April 2023. https://seekingalpha.com/news/3949487-national-instruments-sale-process-likely-to-be-completed-in-early-april-report
Acquisition Field Narrows
Reuters report as of March 3, 2023: https://www.reuters.com/markets/deals/national-instruments-picks-fortive-keysight-challengers-emersons-bid-sources-2023-03-03/
Emerson offers to acquire NI
January 17, 2023 Emerson issued at press release announcing that it is offering an all-cash offer to acquire NI at a share price of $53, a historic high. In its press release Emerson also supplied additional information encouraging NI shareholders to accept the offer. It also chronicled the timeline of its contacts (including correspondence since […]
NI Announces two acquisitions
NI today announced two acquisitions ahead of its earnings announcement later today, October 28, 2021. The size and terms of the acquisitions were not announced. https://finance.yahoo.com/news/ni-acquire-nh-research-enters-130000926.html NI Management will share more insight into these acquisitions as part of the Q3 2021 earnings call today at 4:00 p.m. CT at www.ni.com/call or dial (855) 212-2361 and […]
The last presentation of the ReConnect CPH day was the excellent GPower presentation on modular, re-usable software. GPower ReConnect 2021 – Modular software.
NI ReConnect in Copenhagen
NI ReConnect: Copenhagen October 7, 2021 by Carsten Thomsen After a lengthy COVID pause, it was good to get together for an NI ReConnect event in “Kødtorvet” (The Meat Market) in Copenhagen, organized by C.N. Rood, the distributor for NI Products in Denmark and other countries. Attendance was about 50 individuals, compared to pre-COVID attendance […]
NI Appoints Thomas Benjamin as Chief Technology Officer