NATI - National Instruments updates on acquisition with NH Research and Heinzinger

National Instruments (NASDAQ:NATI) acquires NH Research, a leader in high power test and measurement applications such as electric vehicles and batteries. Transaction closed on October 19, 2021. Company also announced that it recently entered into a definitive agreement to purchase the EV Systems business of Rosenheim, Germany-based Heinzinger, a European leader in high-current and high-voltage power systems and this deal is expected to close in Q1 2022. These two transactions will represent 3-4% company's total revenue in 2022 and be accretive to EPS. Contributor comments on the stock: 'National Instruments: Solid Growth Targets Clouded By Premium Valuation'

For further details see:

National Instruments updates on acquisition with NH Research and Heinzinger