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In an e-mail to customers today, NI and its distributors notified end users of hardware products which are discontinue as of the end of 2023. In addition a clearance sale of excess inventory was announced with at a modest discount valid for delivery before March 31, 2024. The list of products affected are in the […]
From: Customer Communications <customer.communications@ni.com> Date: Fri, Oct 6, 2023 at 08:05 Subject: Final release for macOS support for NI Software Dear NI Customer According to our records, you have purchased or renewed a license for LabVIEW on macOS. We are writing to inform you that the latest version of this software, LabVIEW 2023 Q3 on macOS, […]
The latest release of LabVIEW 2023, Q3, is the last. According to Apple Insider: “LabVIEW 2023 Q3 on macOS, has just recently been released and is now available from NI.com,” says the email sent to users. “This version has support for all current Apple-silicon-based chipsets, and the most recent release of macOS. We hope you […]
One day after the closing of the NI acquisition, Morning Star’s comments are found here: https://www.morningstar.com/stocks/emerson-electric-no-change-our-fair-value-estimate-ni-deal-closes However, Morning Star already has this “overpaying” for the acquisition built in to their current estimate of Emerson’s stock price. Emerson’s comments on the day of the closing (October 11, 2023) of the acquisition are here.
In his post on LinkedIn, Eric writes the following: Today I change my title from CEO of NI (National Instruments) to “former CEO” and transition to support NI’s new leader, Ritu Favre , as she takes NI forward as part of Emerson. 26 years at NI from Application Engineer to CEO has been an extraordinary […]
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Letter to Customers
Here is the text of the letter sent from Ritu Favre to customers. To our customers and partners, We are thrilled to share that Emerson has completed its acquisition of NI, and together, we will continue to build on NI’s leadership in software-connected automated test and measurement systems. You can read about the announcement here. […]
In a press release today, Emerson announced that “NI will become a new reported segment within Emerson called Test & Measurement and will be consolidated into the Software and Control group. The Test & Measurement business will continue to be headquartered in Austin, Texas. NI reported $1.66 billion in 2022 revenue and operates in more […]
According to nasdaqtrader.com the merger is tentatively scheduled to close prior to the market open on October 11, 2023. In anticipation of the closing, the stock will be halted immediately following the after-hours session at 8 p.m. on October 10, 2023. If the merger closes as anticipated, the stock will remain halted on the day […]