M&A Deal Summary

National Instruments Acquires OptimalPlus

On June 2, 2020, National Instruments acquired software company OptimalPlus for 365M USD

Acquisition Highlights
  • This is National Instruments’ 2nd transaction in the Software sector.
  • This is National Instruments’ largest (disclosed) transaction.
  • This is National Instruments’ 1st transaction in Israel.

M&A Deal Summary

Date 2020-06-02
Target OptimalPlus
Sector Software
Buyer(s) National Instruments
Deal Type Add-on Acquisition
Deal Value 365M USD
Advisor(s) Qatalyst Partners LP (Financial)
Meitar Liquornik Geva Leshem Tal (Legal)

Target

OptimalPlus

Holon, Israel
website
OptimalPlus Ltd. is a data analytics software company for the semiconductor, automotive, and electronics industries. OptimalPlus is based in Holon, Israel.

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Buyer(S) 1

Buyer

National Instruments

Austin, Texas, United States

website


Category Company
Founded 1976
Sector Test/Measurement Equipment
Employees7,000
Revenue 1.7B USD (2022)
DESCRIPTION
Entrance to National Instruments' corporate headquarters in Austin, Texas.
Entrance to National Instruments' corporate headquarters in Austin, Texas.

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.


DEAL STATS #
Overall 7 of 11
Sector (Software) 2 of 4
Type (Add-on Acquisition) 7 of 10
Country (Israel) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-02 AWR

El Segundo, California, United States

AWR Corp. is a provider of high-frequency EDA software, dramatically reduces development time and cost for products employed in wireless, high-speed wired, broadband, aerospace and defense and electro-optical applications. AWR Corp. was founded in 1994 and is based in El Segundo, California.

Sell $160M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 monoDrive

Austin, Texas, United States

monoDrive provides ultra-high fidelity simulation software for advanced driver-assistance systems (ADAS) and autonomous vehicle development. monoDrive was founded in 2016 and is based in Austin, Texas.

Buy -