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National Instruments Acquires Iotech

February 23, 2006
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AUSTIN, TX-National Instruments has acquired the operating assets of IOtech Inc. (Cleveland, OH), a provider of PC-based data acquisition and instrumentation products. Terms of the acquisition were not disclosed.

"The acquisition of IOtech further strengthens our offering and reach of providing PC-based measurement solutions to engineers and scientists," says Dr. James Truchard, National Instruments president, CEO and cofounder. "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."

The IOtech business, as a wholly owned NI subsidiary, will continue to run its operation out of Cleveland and sell and support its products through its existing direct channels and worldwide network of independent sales representatives and distributors.

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