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M&A Deal Summary

National Instruments Acquires SET

On March 6, 2023, National Instruments acquired semiconductors company SET

Acquisition Highlights
  • This is National Instruments’ 1st transaction in the Semiconductors sector.
  • This is National Instruments’ 3rd transaction in Germany.

M&A Deal Summary
Date 2023-03-06
Target SET
Sector Semiconductors
Buyer(s) National Instruments
Deal Type Add-on Acquisition

Target

SET

Wangen im Allgäu, Germany
SET is specialized in Hardware-in-the-loop (HiL), functional and power semiconductor test systems, and in the development of electronics for the aviation industry. SET was founded in 2001 and is based in Wangen im Allgäu, Germany.

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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 11 of 11
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 10
Country: Germany M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Kratzer Automation - Test Systems Business

Unterschleissheim, Germany

Kratzer Automation's Test Systems Business provides EV testing software and fully integrated test systems. Kratzer Automation's Test Systems Business is based in Unterschleissheim, Germany.

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