What do you think about an Emerson takeover?

[pallen]

First time this morning I'm hearing about Emerson Electric wanting to buy NI. 

I'm still informing myself on the situation.  But I'm curious what other LabVIEW developers think of the situation.  

[crossrulz]

I'm currently of the opinion that it will not happen.  Either way, I'm not worried about it.  I have enough other drama happening in my life.

[Mads]

It makes me worry even more about the future of LabVIEW. We rely on LabVIEW and sbRIOs and with a new owner I am afraid they could be axed of left to dwindle.

If Emerson wanted to invest in LabVIEW and RnD that would be great, but from what I can tell they mainly want to squeeze as much profit out of NI as possible and (with a short-term view) that seems to mean cutting spending on RnD (They have criticized NI for spending too much on RnD. They could of course be right in that NI is not getting enough out of their investment, the NXG project e.g. looked bad from the get go and should have been handled better, but until proven wrong I suspect better project management is not what they are planning for...).

[Mads]

No news for quite some time about this...or have you seen anything?

Perhaps everyone held their breath and passed out?😬

[pallen]

It doesn't seem that much has changed.  

From what I read, Emerson is still pursuing the purchase. 

https://www.printedelectronicsnow.com/contents/view_breaking-news/2023-02-23/emerson-provides-an-upd...

Lots of speculation.  But not sure where things are going. 

Hmm....seems kinda familiar lately.   

[mantoles]

Emerson traditionally buys companies and does not change them.  they become part of their portfolio.  they see an opportunity to make the business more profitable.  I don't expect much change if any for the better except for some executives that may have to go. I also don't expect product offerings to change but over time they will grow to meet Emerson's growth plans