M&A Deal Summary

National Instruments Acquires microLEX Systems A/S

On February 7, 2008, National Instruments acquired test/measurement equipment company microLEX Systems A/S

Acquisition Highlights
  • This is National Instruments’ 1st transaction in the Test/Measurement Equipment sector.
  • This is National Instruments’ 1st transaction in Denmark.

M&A Deal Summary

Date 2008-02-07
Target microLEX Systems A/S
Sector Test/Measurement Equipment
Buyer(s) National Instruments
Deal Type Add-on Acquisition

Target

microLEX Systems A/S

Copenhagen,, Denmark
microLEX Systems A/S is a test tool and test solution provider in mixed-signal electronics, system test and board test. microLEX offers premier products for video and audio test, including VideoMASTER and HearMASTER, based on NI LabVIEW graphical development software and modular instrumentation hardware.

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Buyer(S) 1

Buyer

National Instruments

Austin, Texas, United States

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 1 of 11
Sector: Test/Measurement Equipment M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 10
Country: Denmark M&A 1 of 1
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-23 Phase Matrix

San Jose, California, United States

Phase Matrix, Inc. that designs and manufactures RF and microwave test-and-measurement (T&M) instruments, subsystems and components.

Buy $38M