NH Research Acquired by NI
Acquisition Strengthens Position in Electrification and Battery Test
NH Research today announced that the company has been acquired by NI (NASDAQ: NATI), a well-recognized industry leader formerly known as National Instruments. The transaction closed on October 19, 2021.
The acquisition will expand NI’s portfolio of electrification (EV), battery, and sustainable energy capabilities to provide customers with critical power level signal sensing, capture and analysis. NI and NHR serve highly complementary positions in testing components used in the automotive industry to rapidly innovate to electrify vehicles. We believe combining the strength of NI’s electrification test platform with our power conversion and power supply test systems expertise will dramatically optimize testing workflows and enable rapid responses to changing test needs, accelerating time to market for a broader range of customers.
“NHR is very excited to be a part of the NI family which will further advance our mission of enabling electrification. Business continuity for NHR customers is our top priority. Our roadmap and customer commitments remain unchanged. We plan to collaborate with NI to offer more complete solutions that deliver additional value and business impact to our customers. This investment will allow NHR business to scale with new capabilities and enhance our presence around the globe,” said Peter O’Brien, VP of Sales and Marketing.
“We continue to be intentional with investments where we see high potential to accelerate our growth. The addition of expertise and complementary offerings from a leading technology company will help strengthen our systems capability and expand our offering to shared customers in the fast-growing area of electrification,” said Eric Starkloff, NI President and CEO. “NHR demonstrates our continued commitment to delivering systems to our customers who are facing a once in a career technology inflection. We welcome the employees of NHR as we collectively accelerate our long-term growth ambitions.”
For more information, please see the NI press release: NI to Acquire NH Research, Enters into Definitive Agreement with Heinzinger - NI.