NI (Nasdaq: NATI) has acquired NH Research LLC, a prover of high power test and measurement applications. In addition, NI has also purchased EV Systems business of Heinzinger GmbH, a provider of high-current and high-voltage power systems.
The acquisitions will expand NI’s portfolio of electrification, batter and sustainable energy capabilities to providing critical power level signal sensing, capture and analysis. These purchases accelerate NI’s opportunity in high growth EV applications and expects cost synergies as a result of the transactions.
“We continue to be intentional with investments where we see high potential to accelerate our growth,” said Eric Starkloff, NI president and CEO. “The addition of expertise and complementary capability from these two leading technology companies will help strengthen and expand our systems offerings to shared customers in the fast-growing area of electrification.”