NATI - Mergers and acquisitions

NI (NASDAQ:NATI) today announced the acquisition of SET GmbH ("SET"), long-standing experts in aerospace and defense test system development and recent innovators in power semiconductor reliability test. Together, the companies will reduce time to market for critical, highly differentiated solutions and accelerate semiconductor-to-transportation supply-chain convergence with power electronic materials such as silicon carbide (SiC) and gallium nitrite (GaN). NI first announced a strategic minority investment in SET in 2020 to help aerospace and defense companies solve soaring development costs and integration challenges. The collaboration enhanced a system-on-demand and model-based test app

Adopts Limited-Duration Shareholder Rights Plan to Protect Process Integrity NI (NASDAQ:NATI) ("NI" or the "Company") today announced that its Board of Directors ("the Board") has initiated a review and evaluation of strategic options, in consultation with its financial and legal advisors, with the intent to unlock and maximize shareholder value. The comprehensive review will include consideration of a full range of available strategic, business and financial alternatives, including solicitation of interest from potential acquirors and other transaction partners, some of whom have already approached the Company. "Over the last five years, we have been executing an exciting strategic trans

Acquisitions strengthen position in electrification and battery test NI (NASDAQ:NATI) today announced the acquisition of NH Research, LLC (NHR), a leader in high power test and measurement applications such as electric vehicles (EV) and batteries. The transaction closed on October 19, 2021. NI is also announcing that it recently entered into a definitive agreement to purchase the EV Systems business of Rosenheim, Germany-based Heinzinger GmbH, a European leader in high-current and high-voltage power systems and this deal is expected to close in Q1 2022. These acquisitions will expand NI's portfolio of electrification (EV), battery, and sustainable energy capabilities to provide customers

Announces strategic collaboration with Ansys to address advanced simulation requirements NI (NASDAQ:NATI) today announced it has acquired monoDrive, a leader in ultra-high fidelity simulation software for advanced driver-assistance systems (ADAS) and autonomous vehicle development. The acquisition expands NI's reach in the ADAS and simulation markets and will enable NI's transportation customers to accelerate the development, test, and deployment of safer autonomous systems. The design cycles for ADAS are complex and automotive OEMs and suppliers need systems that streamline the transitions between simulation, lab-based and physical test environments to ultimately create safer vehicles. T