Measurement equipment maker National Instruments Corp has decided that Fortive Corp and Keysight Technologies Inc have the potential to top Emerson Electric Co's $7 billion bid for the company, three people familiar with the matter said.National Instruments this week informed Emerson, Fortive and Keysigh
Measurement equipment maker National Instruments Corp has decided that Fortive Corp and Keysight Technologies Inc have the potential to top Emerson Electric Co's $7 billion bid for the company, three people familiar with the matter said.
National Instruments put itself up for sale in January after Emerson threatened to challenge its board if it did not engage in deal negotiations. Emerson dropped that threat once the sale process for National Instruments got underway. National Instruments expects the sale process to be completed by early April, according to the sources.
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