In 2023, Emerson acquired Flexim and Afag for $705 million. Post-fiscal year-end, it closed the $8.2 billion NI deal, enhancing its test & measurement segment. Previous acquisitions include AspenTech (2022, $6 billion contribution) and OSI (2020, $1.6 billion).
On October 11, 2023, the Company completed the acquisition of National Instruments Corporation ("NI") at an equity value of \$8.2 billion. ... In 2023, the Company acquired two businesses, Flexim, which will be reported in the Measurement & Analytical segment, and Afag, which will be reported in the Discrete Automation segment, for \$705, net of cash acquired. ... On May 16, 2022, the Company completed the transactions contemplated by its definitive agreement with Aspen Technology, Inc. ("Heritage AspenTech") to contribute two of Emerson's stand-alone industrial software businesses... along with approximately \$6.0 billion in cash to Heritage Aspen Tech stockholders... On October 1, 2020, the Company completed the acquisition of Open Systems International, Inc. (OSI)... for approximately \$1.6 billion, net of cash acquired.