Category: Emerson

Emerson Electric Unveils Hostile $7 Billion Bid for National Instruments

January 17, 2023
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U.S. engineering and industrial software company Emerson Electric Co. on Tuesday disclosed a nearly $7 billion offer for National Instruments Corp., which it has been trying to buy unsuccessfully for several months. The software firm’s all-cash bid of $53 per share, which was first submitted to NI on Nov. 3, represents a premium of about…

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Protesters Block Emerson Border Crossing in Manitoba

February 10, 2022
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A vehicle convoy has blocked a major Canada-U.S. border crossing in Manitoba as demonstrators protest in solidarity with the Freedom Convoy truckers in Ottawa. “A demonstration involving a large number of vehicles and farm equipment is blocking the Emerson Port of Entry,” Manitoba RCMP said in a post on Twitter on Feb. 10. Both northbound…

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Canadian Convoy Protesters Block US Border Crossing in Manitoba

February 10, 2022
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A vehicle convoy has blocked a major Canada-U.S. border crossing in Manitoba as demonstrators protest in solidarity with the Freedom Convoy truckers in Ottawa. “A demonstration involving a large number of vehicles and farm equipment is blocking the Emerson Port of Entry,” Manitoba RCMP said in a post on Twitter on Feb. 10. Both northbound…

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Emerson to Merge Software Units With AspenTech in $11 Billion Deal

October 11, 2021
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Industrial-automation systems maker Emerson Electric Co. said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion. The cash-and-stock deal is for about $160 per AspenTech share, the company said.