National Instruments surged nearly 11% on Tuesday after manufacturing giant Emerson Electric revealed a nearly $7 billion all-cash offer to buy the testing equipment maker. Though National Instruments ...

National Instruments (NASDAQ:NATI) sale process is expected to be wrapped up by early April and Emerson (EMR) is more likely to be the winning bidder. NATI ticked up 0.7%, and Emerson (EMR) rose 2.7%.

We raise our fair value estimate for narrow-moat National Instruments NATI to $60 per share from $48 to reflect an agreement to be acquired by wide-moat Emerson EMR. We assign a 100% probability to ...

National Instruments, widely known as NI in the test and instrumentation worlds, will become the Test & Measurement unit in Emerson after the completion of the $8.2 billion acquisition. The St. Louis, ...