AMETEK, Inc. announced that it has acquired NSI-MI Technologies, a leading provider of RF/microwave test and measurement solutions and services. NSI-MI was acquired for $230 million and has annual sales of approximately $90 million.
NSI-MI's expertise in advanced RF/ microwave technologies allows them to provide complete test and measurement systems for niche applications across the aerospace, defense, automotive, wireless communications and research markets. The company has a diverse portfolio of testing instrumentation, components and software, while also providing customers with turnkey anechoic and simulation chambers, and a broad set of aftermarket services.
"We are pleased to welcome NSI-MI to AMETEK," commented AMETEK Chairman and Chief Executive Officer, David A. Zapico. "NSI-MI is an outstanding acquisition and nicely complements our existing electromagnetic compatibility test and measurement businesses. NSI-MI's test and measurement solutions are uniquely positioned to support the continued development of advanced RF and microwave technologies for critical applications in wireless communications, satellite systems, autonomous vehicles and defense systems."
NSI-MI is headquartered in Suwanee, Ga., with additional operations in Torrance, Calif., and Sheffield, U.K. NSI-MI joins AMETEK as part of its Electronic Instruments Group (EIG).