About
NI, formerly National Instruments Corporation, supplies computer-based instrumentation hardware and software products for engineers and scientists. The Company provides flexible application software and modular hardware that users combine with computers, networks, and the internet to create computer-based measurement and automation systems. In 2020, NI acquired OptimalPlus, a Holon-based company that develops AI big-data analytics for the semiconductor and automotive industries. The addition of OptimalPlus data analytics capabilities will enable NI to accelerate our growth strategy by increasing enterprise-level value for shared customers these verticals.
Company Intelligence Q&A
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- When was NI acquired and by which company?
- NI was acquired by Emerson in October 2023.
- What was NI's market capitalization prior to its acquisition?
- NI's market capitalization was $7,917,357,056 as of October 1, 2023.
- When did NI become a publicly traded company?
- NI completed its IPO in March 1995, listing on the NYSE under the ticker NATI.
- What was a significant acquisition made by NI in 2020?
- In June 2020, NI acquired OptimalPlus, an Israel-based data analytics startup specializing in AI big-data analytics for the semiconductor and automotive industries, for $365 million.
- What was the strategic reason for NI acquiring OptimalPlus?
- The acquisition of OptimalPlus was intended to accelerate NI's growth strategy by enhancing enterprise-level value for shared customers in the semiconductor and automotive verticals through data analytics capabilities.
- When did NI establish its presence in Israel?
- NI established its presence in Israel in July 2020.
- Who was appointed as NI's General Manager of Israel operations?
- Yitzhak (Kiki) Ohayon was appointed as NI's General Manager of Israel operations in August 2020.
- What is NI's primary business activity?
- NI supplies computer-based instrumentation hardware and software products for engineers and scientists, focusing on creating computer-based measurement and automation systems.
- What is the approximate global employee count for NI?
- NI has approximately 7,909 employees worldwide.