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NI acquires circuit board EDA firm

Tuesday 08 February 2005 08:57

National Instruments (NI) has acquired Toronto, Canada-based Electronics Workbench, a supplier of circuit board EDA software for education and training programs.

The Electronics Workbench flagship product, Multisim circuit simulation software, is widely used for electronic circuit design, board layout and electrical engineering training programs by companies and academic institutions including Sony, Boeing, MIT and DeVry, according to Austin-based NI.

“Our customers are not satisfied with the integration of design, simulation and test tools in the industry today,” Ray Almgren, NI's v-p of product marketing and academic relations, said. “A graphical system design platform that integrates these disparate tools will increase productivity and make testing throughout the design process more seamless."

The two companies have already been collaborating for several years to integrate Multisim with NI's LabVIEW graphical development environment through downloadable software and technical resources. The Electronics Workbench acquisition adds graphical design and simulation software to the National Instruments platform of graphical development tools, the company said.

NI will retain all Electronics Workbench employees and continue to operate the company as a separate entity in Toronto, Canada. As a wholly owned subsidiary of NI, Electronics Workbench will continue to develop and offer its complete line of design automation software and directly support educational initiatives with uninterrupted support to participating schools, the company said.

NI doesn't anticipate the acquisition to have a material impact on its earnings for Q1. Financial terms of the acquisition were not disclosed.

www.ni.com

 

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