Emerson Completes Acquisition of NI, Advancing Global Automation Leadership

Emerson Completes Acquisition of NI, Advancing Global Automation Leadership

10/30/2023

Emerson announced it has closed its acquisition of NI, a leading provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion.

The acquisition of NI advances Emersonís position as a global automation leader and expands its opportunity to capitalize on key secular trends like nearshoring, digital transformation, and sustainability and decarbonization. NI brings a portfolio of software, control and intelligent devices that is expected to accelerate Emersonís revenue growth aligned to its 4-7% through the cycle organic growth target. NI increases Emersonís end market exposure in discrete markets, which will be Emersonís second largest industry segment, and with approximately 20% of sales in software, NI also increases Emersonís exposure to high-growth industrial software markets. NI increases Emersonís gross profit, with further adjusted EBITA margin expansion opportunities as Emerson delivers an expected $165 million of cost synergy opportunities by the end of year 5 through application of best practices from the Emerson Management System.

Learn more.

www.ni.com
www.emerson.com




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