Welcome to our dedicated page for National Instrs news (Ticker: NATI), a resource for investors and traders seeking the latest updates and insights on National Instrs stock.
The NATI news page on Stock Titan provides an archive of announcements and press releases related to National Instruments Corporation (NI), which historically traded under the NATI symbol on Nasdaq. These news items document NI’s activities as a producer of software-connected automated test and measurement systems and its subsequent acquisition by Emerson.
In this archive, readers can review company updates such as NI’s quarterly earnings releases, which describe its net sales mix between product and software maintenance and discuss its focus on high-growth subsegments and global execution. Product and technology announcements highlight areas like automated wireless test and measurement, semiconductor test analytics through the NI Global Operations platform, high-density battery cyclers and emulators for electric vehicle and energy applications, and PXI-based RF instruments such as the PXIe-5842 Vector Signal Transceiver for aerospace, defense, and wireless testing.
The news feed also includes software-focused updates, including enhancements to LabVIEW, NI’s long-standing software for data acquisition, instrument control, and automation, as well as collaborations aimed at improving package-related workflows for developers. In addition, NI appears in broader industry and research news, such as its role in advanced wireless research testbeds where NI software defined radios support mid-band connectivity.
Because NI has been acquired by Emerson and its common stock has ceased trading on Nasdaq, the NATI news stream serves as a historical record of NI’s public communications. Investors, engineers, and researchers can use this page to trace NI’s product evolution, strategic direction, and the context of its integration into Emerson’s Test & Measurement segment.
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NI (Nasdaq: NATI) will release its first quarter fiscal 2023 financial results on April 27, 2023, at 8:00 a.m. Central Time. Due to the pending acquisition by Emerson, there will be no earnings conference call or future guidance provided. This transaction highlights a pivotal moment in NI's operations, emphasizing strategic alignment and potential market impact. The company focuses on engineering solutions that integrate data and automation, addressing significant challenges in various sectors.
Forward-looking statements indicate potential risks, including global supply chain issues, competition, and the economic climate that could impact future performance. Investors are advised to refer to NI's Form 10-K for more details.
Emerson announced its acquisition of NI for $60 per share, totaling $8.2 billion. This move is part of Emerson's strategy to enhance its automation capabilities and expand into high-growth markets, including semiconductor, transportation, and aerospace. The acquisition is expected to deliver $165 million in cost synergies over five years, enhance gross margins, and be accretive to earnings in the first year. NI generated $1.66 billion in revenue in 2022 and serves 35,000 customers in over 40 countries. The transaction has been approved by both companies' boards and is anticipated to close in the first half of fiscal 2024.
National Instruments (NATI) has opened a new Engineering Innovation Center in location value="LU/us.mi.novi"Novi, Michigan, aimed at enhancing collaboration between automotive manufacturers and NI engineers. This facility will focus on developing EV components and ADAS sub-systems, ensuring improved quality and safety standards in modern vehicles. According to Drita Roggenbuck, NI's senior vice president, the center is critical for speeding up the testing and market readiness of increasingly complex automotive technologies. This addition expands NI's network of innovation centers globally, with existing locations in location value="LU/us.tx.austin"Austin, location value="LU/de..munich"Munich, location value="LU/cn..shangh"Shanghai, and location value="LU/us.mi.novi"Tokyo.
NI (NASDAQ: NATI) has acquired SET GmbH, experts in aerospace and defense test systems, as well as innovators in power semiconductor reliability testing for automotive applications. This acquisition aims to reduce time-to-market for critical solutions and foster convergence in the semiconductor supply chain, particularly with silicon carbide (SiC) and gallium nitride (GaN). NI's strategic minority investment in SET, initiated in 2020, enhanced testing approaches for aerospace and defense industries. The acquisition is funded through cash on hand and will bring approximately 100 SET employees into NI.