Micropross, a Lille, France-based supplier of test systems for NFC, smart cards, and wireless charging test systems, has been acquired by National Instruments, a provider of platform-based test systems that enable engineers and scientists to solve engineering challenges.
The acquisition valued Micropross at approximately €95m (approximately $108m).
Sellers were private investment company Ardian (49%) and the management of the company (51%). Following the close of the deal, the existing management, led by Philippe Bacle, General Manager, will continue to lead the company.
Founded in 1979 by Vincent Tellier, Micropross supplies test solutions which allow users to fully characterize and test the electrical and protocol performance of products such as smart cards and smartphones in design, conformance, and production.
The company’s technology is used by major French and international companies in the payment, telecommunications and digital identity industries.
The acquisition will allow Micropross to benefit from the commercial scale of National Instruments, which is listed on NASDAQ and achieved a $1.25bn turnover in 2014.