National Instruments Acquires Measurement Computing
-- Test & Measurement World, 5/2/2005 6:54:00 AM
National Instruments announced on April 29 that it has acquired the operating assets of Measurement Computing Corp., a provider of low-cost data acquisition products. Founded in 1989, Measurement Computing manufactures data-acquisition boards for ISA, PCI, and USB interfaces. Terms of the acquisition were not disclosed.
“The acquisition of Measurement Computing is another step in NI’s long history of providing very high value-added alternatives to traditional instrumentation,” said Dr. James Truchard, National Instruments CEO and cofounder. “For more than 20 years, National Instruments has leveraged commercial technologies to provide low-cost data acquisition solutions for our customers, as illustrated by our latest USB and M Series products. This acquisition will strengthen both our hardware and software positions and further our goal of bringing our virtual instrumentation vision to millions of engineering applications worldwide.”
“Measurement Computing has been a pioneer and leader in low-cost data acquisition, and our products are already supported by the industry-leading NI LabView software,” said Ben Bailey, Measurement Computing CEO and founder. “NI, like Measurement Computing, is committed to providing users with a low-cost alternative to traditional instrumentation–and now our products will benefit from a leading, global organization.”
The Measurement Computing business, as a wholly owned NI subsidiary, will continue to run its operation as is out of Middleboro, MA. Measurement Computing will sell and support its products through its existing channels. The companies will look to gain operational leverage in a variety of areas and greater access to global markets. (For an exclusive T&MW interview with Measurement Computing's Ben Bailey--conducted prior to this announcement--see our May Viewpoint column)
National Instruments, www.ni.com/news/
