NI to acquire NH Research.

National Instruments, a producer of automated test equipment and virtual instrumentation software, agreed to acquire NH Research, manufacturer of battery test equipment and system solutions. The deal is expected to close in Q1 2022. Financial terms were not disclosed. "The addition of expertise and complementary capability from these two leading technology companies will help strengthen and expand our systems offerings to shared customers in the fast-growing area of electrification. These companies demonstrate our continued commitment to delivering systems to our customers who are facing a once in a career technology inflection in electrification. We welcome the employees of NHR and Heinzinger as we collectively accelerate our long-term growth ambitions,” Eric Starkloff, NI President and CEO.