AUSTIN, TX -- National Instruments has acquired Micropross, a supplier of test systems for near field communications, smart cards, and wireless charging test systems, in a cash and stock transaction.

NI paid approximately $108 million, net of cash and debt assumed, 90% in cash and the remainder was paid in shares of NI common stock.

Lille, France-based Micropross will operate as a wholly owned NI subsidiary under its existing management team.

The transaction used overseas cash and is expected to be accretive to non-GAAP earnings in 2016.

Micropross’ technology and expertise in mobile payment and wireless charging is expected to complement NI’s test platform, especially in consumer and IoT devices.

“NI continues to invest in RF and wireless test as a strategic area of growth. Micropross’ technology complements NI’s platform and will further strengthen our capability in wireless test while providing opportunity for future growth in the design, prototyping, and testing of RF and communications systems,” said Dr. James Truchard, NI president, CEO and cofounder.

“Micropross is excited to join National Instruments. We are a leading supplier of test solutions for NFC and joining NI will enable us to continue to drive innovation in wireless test,” said Philippe Bacle, Micropross general manager. “I have strong confidence in the NI brand and technology platform. Together we are better able to offer differentiated solutions and support to all our customers.”

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