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National Instruments acquires IOtech

Posted: 21 Oct 2005 ?? ?Print Version ?Bookmark and Share

Keywords:ni? national instruments? data acquisition? iotech?

National Instruments (NI) has announced that it acquired the operating assets of data acquisition and instrumentation company, IOtech Inc. Operating as a wholly-owned subsidiary of NI, IOtech will continue to sell and support its products through its current sales channels.

"The acquisition of IOtech further strengthens our offering and reach of providing PC-based measurement solutions to engineers and scientists," said Dr. James Truchard, National Instruments president, CEO and co-founder. "By combining IOtech's strengths in key areas, including portable, vibration measurement and OEM products, with NI's software and worldwide data acquisition leadership, we can further our acceptance of virtual instrumentation in applications for in-vehicle test, vibration measurement and machine monitoring."

"For years we have had a prosperous relationship reselling NI DASYLab software, which was an important factor in the decision to join NI," said Tom DeSantis, IOtech president and founder. "IOtech's 20 years of experience, complementary product portfolio and differentiated sales channel combined with NI's strong global presence and industry-leading NI LabVIEW software will let us serve a broader set of measurement applications worldwide."

The companies hope to gain a wider global market reach through products and technologies from both companies. NI and IOtech also hope to leverage the acquisition to improve their operations. Terms of the deal were not disclosed.

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