Tag: NI

Emerson to advance global automation leadership through acquisition of NI

Emerson, a global technology and software company, 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…

US-based NI opens engineering innovation centre in Bangalore

NI announced the opening of its Engineering Innovation Centre (EIC) in Bangalore. The engineering lab, which opened late 2021, supports NI’s customers, partners and startup companies that serve the local aerospace and defense market. The EIC provides customers with access to the larger aerospace and defense industry that is evolving in India, specifically in and…