Emerson Electric Co to Acquire National Instruments Corp Call Transcript

Jan 22, 2024

Jan 17, 2023 / 01:30PM GMT
Operator

Good morning, and welcome to the Emerson Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Colleen Mettler, Vice President of Investor Relations at Emerson. Please go ahead.

Colleen Mettler - Emerson Electric Co. - VP of IR

Thank you. Good morning, and welcome to Emerson's conference call to discuss our proposal to acquire National Instruments. We are in New York this morning, and I am joined by Lal Karsanbhai, our President and Chief Executive Officer; Ram Krishnan, our Chief Operating Officer; and Frank Dellaquila, our Chief Financial Officer.

I will now pass the call over to Lal.

Surendralal Lanca Karsanbhai - Emerson Electric Co. - President, CEO & Director

Thanks, Colleen, good morning. Thank you for joining us to discuss our proposal to acquire National Instruments for $53 per share in cash. Today, we'll speak in detail about our numerous attempts to engage with NI, and our belief that NI shareholders have an

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