AMETEK Acquires NSI-MI Technologies for $230 Million
AMETEK announced that it has acquired NSI-MI Technologies for $230 million. NSI-MI Technologies is a leading provider of radio frequency and microwave test and measurement solutions and services with annual sales of approximately $90 million.
NSI-MI’s expertise in advanced radio frequency and 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.
David A. Zapico, AMETEK Chairman and Chief Executive Officer, said that they are pleased to welcome NSI-MI to AMETEK. He said, NSI-MI is an outstanding acquisition and nicely complements their 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, Georgia with additional operations in Torrance, California and Sheffield, U.K. NSI-MI joins AMETEK as part of its Electronic Instruments Group (EIG) – a leader in advanced analytical, monitoring, testing, calibrating and display instrumentation.