Emerson Electric Co. (NYSE:EMR) will look for acquisitions. Surendralal Karsanbhai, President and CEO said, "We remain committed to the $165 million of synergies by the end of year 5, resulting in approximately 31% adjusted segment EBITA when moving stock comp to corporate.

As we have openly stated, NI completes the significant portion of our portfolio transformation, and we are excited to execute as a new company. We will, however, continue to be active with bolt-on acquisitions that fill technology gaps in our business, and we have the balance sheet flexibility to do so".