NI (Nasdaq: NATI), an Austin, TX-based NI company that equips engineers and enterprises with systems that accelerate productivity, innovation, and discovery, acquired monoDrive, a Austin, Texas-based provider of ultra-high fidelity simulation software for advanced driver-assistance systems (ADAS) and autonomous vehicle development.
The amount of the deal was not disclosed.
The acquisition expands NI’s reach in the ADAS and simulation markets and will enable its transportation customers to accelerate the development, test, and deployment of safer autonomous systems.
Founded in 2016 by Celite Milbrandt, monoDrive allows vehicle manufacturers and their suppliers to use simulators to drive vehicles millions of miles in virtual worlds. The monoDrive Simulator helps vehicle manufacturers identify edge cases, which are hard to predict and can have dire consequences.
In conjunction with this acquisition, NI also announced a strategic collaboration with Ansys, the global leader in engineering simulation. Ansys’ simulation solution enables sensor vendors to simulate the fundamental physics of their radars, LiDARs, and cameras from design through manufacturing. Together, NI and Ansys will help solve the complex challenge of recreating real-world simulation to validate sensors and inject data into software and hardware under test in real-time.
FinSMEs
05/05/2021