American rivals reported overnight that industrial conglomerate Emerson Electric is set to clinch National Instruments Corporation for around $8 billion...
So, Emerson Electric has finally broken cover after months (see part 1 and 2) of takeover rumours around National Instruments Corporation, the US-listed producer of automated test equipment and virtual instrumentation software,.
The American industrial giant has has come clean about how it has offered $53 in cash (or around $7.6 billion) for National Instruments Corporation last November...
National Instruments Corporation has just announced it is carrying out a "strategic review" after receiving a variety of takeover approaches.
Now, the fact that National Instruments Corporation has received interest may not come as much of a surprise to loyal Betaville Intelligence readers...