National Instruments - M&A Summary, Ownership, and Business Overview

Test/measurement EquipmentCompany

National Instruments M&A Summary

National Instruments has acquired 11 companies of its own, including 5 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

National Instruments’ largest acquisition to date was in 2020, when it acquired OptimalPlus for $365M. It’s largest disclosed sale occurred in 2019, when it sold AWR to Cadence Design Systems for $160M. National Instruments has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include software (37%) and test/measurement equipment (28%).

National Instruments Ownership

Who owns National Instruments?

National Instruments is owned by Emerson Electric. It was acquired on April 12, 2023.

National Instruments Business Overview

Where is National Instruments headquartered?

National Instruments is headquartered in Austin, Texas.

What is National Instruments’ revenue?

National Instruments disclosed revenue of 1,657M USD for 2022 and 1,470M USD for 2021.

How many employees does National Instruments have?

National Instruments has 7,000 employees.

What sector is National Instruments in?

National Instruments is a test/measurement equipment company.

When was National Instruments founded?

National Instruments was founded in 1976.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity11
    • M&A Sell Activity1
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 4
  • M&A Advisors 5

National Instruments

National Instruments Corp.

11500 North MoPac Expressway,
Austin, Texas 78759
United States,
(512) 683-0100
www.ni.com

National Instruments designs, manufactures and sells systems to engineers and scientists that accelerate productivity, innovation and discovery. The Company's platform-based approach to engineering provides an integrated software and hardware platform that speeds the development of systems needing measurement and control. National Instruments was formed in 1976 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 6 1 2 1 1 - 11
vol $96M $365M $461M
Sell (0.0/yr) # 1 - - - - - 1
vol $160M $160M
  12

Most Recent M&A

Company Date Value Type
SET GmbH 2023-03-06 - Add-on Acquisition
Wangen im Allgäu, Germany · www.smart-e-tech.de
Kratzer Automation - Test Systems Business 2022-03-31 - Divestiture
Unterschleissheim, Germany
NH Research, Inc. 2021-10-28 - Add-on Acquisition
Irvine, California · www.nhresearch.com
monoDrive 2021-05-04 - Add-on Acquisition
Austin, Texas · www.monodrive.io
OptimalPlus Ltd. 2020-06-02 365M USD Add-on Acquisition
Holon, Israel · www.optimalplus.com
AWR Corp. 2019-12-02 160M USD Divestiture
El Segundo, California · www.awr.com
Micropross SAS 2015-10-27 - Add-on Acquisition
Villeneuve d'Ascq, France · www.micropross.com
BEEcube, Inc. 2015-03-23 - Add-on Acquisition
Fremont, California · www.beecube.com
Signalion GmbH 2012-12-10 - Add-on Acquisition
Dresden, Germany · www.signalion.com
Phase Matrix, Inc. 2011-05-23 38M USD Add-on Acquisition
San Jose, California · www.phasematrix.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 4 (36%) 423M (92%) 1 (100%) 160M (100%)
Test/Measurement Equipment 3 (27%) - - -
Electrical Equipment 2 (18%) 38M (8%) - -
Semiconductors 1 (9%) - - -
Technology Hardware 1 (9%) - - -
Total 11 $461M 1 $160M

By Geo

State/Country Buy Value Sell Value
United States 5 96M 1 160M
  California 4 96M 1 160M
  Texas 1 - - -
Germany 3 - - -
Denmark 1 - - -
France 1 - - -
Israel 1 365M - -
Domestic 5 (45%) 96M (21%) 1 (100%) 160M (100%)
Cross-border 6 (55%) 365M (79%) - -
Total 11 $461M 1 $160M

Top M&A Advisors

Financial Deals
BofA Securities
1
ThinkEquity LLC
1
Legal Deals
Arnon, Tadmor-Levy
1
McDermott Will & Emery
1
Wilson Sonsini Goodrich & Rosati
1

Deal Values

buy # Total
$100M to $1B 1 $365M
< $100M 2 $96M
TOTAL $461M
Largest OptimalPlus Ltd.
$365M (2020-06-02)
sell # Total
$100M to $1B 1 $160M
TOTAL $160M
Largest AWR Corp.
$160M (2019-12-02)

M&A Connections

Deals
Acquired from
Investor(s)
18%
2 (18%)
Strategic(s)
9%
1 (9%)
Divested to
Strategic(s)
100%
1 (100%)

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