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ST. LOUIS. Emerson officials announced that the company has closed its acquisition of automated, military and commercial test and measurement system provider NI, at an equity value of $8.2 billion. NI will now become a segment within Emerson called Test & Measurement and will be consolidated into the Emerson Software and Control group. The Test & Measurement business will still be headquartered in Austin, Texas. NI reported $1.66 billion in 2022 revenue. ....