Concept

National Instruments

Summary
National Instruments Corporation, doing business as NI, is an American multinational company with international operation. Headquartered in Austin, Texas, it is a producer of automated test equipment and virtual instrumentation software. Common applications include data acquisition, instrument control and machine vision. Emerson Electric agreed to buy NI for  billion in April 2023. In 2022, the company sold products to more than 35,000 companies with revenues of US$1.66 billion. History Founding In the early 1970s, James Truchard, Jeff Kodosky, and Bill Nowlin were working at the University of Texas at Austin Applied Research Laboratories. As part of a project conducting research for the U.S. Navy, the men were using early computer technology to collect and analyze data. Frustrated with the inefficient data collection methods they were using, the three decided to create a product that would enable their task to be done more easily. In 1976,
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