NI has entered into a definitive agreement to purchase the test systems business of Kratzer Automation, a European leader in providing holistic customer solutions for electrification (EV).

This agreement will help to further extend NI’s investment in the high growth area of vehicle electrification and enhances customer connections with key original equipment manufacturers (OEM).

By providing EV testing software and fully integrated test systems, NI will be able to help customers with the scale required to address the needs of the fast-growing EV market, which is being driven by consumer demand, global regulations, and the push for sustainable transportation.

NI tests all the critical components of EVs including battery, inverter, and engine control. The combined strength of NI’s flexible EV Hardware and software test platform with Kratzer Automation’s application-specific EV software and integration capabilities will provide a complete customer solution that will enable faster responses to changing test needs, accelerate time to market and lower total cost of test for a broader range of customers.

“The addition of the products, service capability and experienced team from Kratzer Automation will help strengthen our ability to provide complete customer-centric solutions direct to automotive OEMs and further expand our serviceable market and customer footprint in the fast-growing area of electrification,” said Drita Roggenbuck, NI Sr. Vice President and General Manager, Transportation. “This is another example of prioritizing inorganic investments that accelerate the growth areas of our business.”

The deal is subject to statutory approvals and is expected to close in Q2 2022 with approximately 200 employees joining NI. .

By: DocMemory
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