NI buys eda firm, strengthens capabilities in rf design and test
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National Instruments has announced it is to acquire AWR, a leading supplier of eda software for designing rf and high frequency components and systems.
The aggregate purchase price to be paid at closing is approximately $58million, which includes $7m in cash on the AWR balance sheet. The acquisition will allow NI to accelerate the deployment of rf and wireless technologies in semiconductor, aerospace, defence, communications and test equipment industries.
AWR will continue to operate as a wholly owned NI subsidiary under the leadership of the existing management team. The move enables NI to strengthening the integration of its software and hardware with AWR's design tools.
"AWR has an exceptional team with strong rf talent and technologies that expand the NI platform into rf design, which is complementary to our capability to make measurements across the rf design flow," said NI's president, ceo and cofounder, Dr James Truchard, pictured. "[The acquisition] offers a significant benefit to the customers of both companies."
AWR's ceo, Dane Collins, added: "There is clear synergy between the customers and product offerings of both companies. NI has a leading platform in prototyping and testing of rf systems which is complementary to AWR's rf circuit and system software design tools to the benefit of mutual customers. Together, we are better able to support and service our growing global installed base."
