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Eric Starkloff Announces his ex-CEO Role on LinkedIn

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. […]

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Ritu Favre appointed Business Group President of Emerson Test and Measurement

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 […]

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Emerson acquisition to close today October 11, 2023

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 […]

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Applications Engineers 1987

More from the NI Hall of Fame: applications engineers from 1987 headed up by Larry Anglin in the middle. Larry Anglin was NI’s first webmaster The address 12109 Technology Blvd, where we have another photo from 1989. I would appreciate your crowd-sourced identification of the people (and cars?) in the comments by my mailing me […]

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Happy 80th Birthday Dr. T!

Today,  June 25th 2023 is Dr. Truchard’s 80th birthday. A great way to celebrate is by re-visiting the gems of wisdom embedded in Dr. T’sms. Dr. T isms now posted on YouTube

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$60 deal announced by Emerson and NI

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 […]

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Emerson ups bid to $60 per share: Reuters report

Overnight reporting from Reuters indicates that Emerson has raised the offer to acquire National Instruments from $53 to about $60 per share.

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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 […]

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National Instruments sale likely in Early April

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