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ETAS and National Instruments Joint Venture Granted Regulatory Approval

ETAS and National Instruments Joint Venture Granted Regulatory Approval

Stuttgart, Germany / Austin, TX, USA, September 3, 2019 - ETAS GmbH and National Instruments today announced the antitrust authorities have approved the creation of the joint venture ETAS NI Systems GmbH & Co. KG. The new company is now founded and will become fully operational by January 1, 2020. The joint venture, headquartered in Stuttgart, Germany, plans to employ 50 associates and scale for growth. ETAS and NI each own 50 percent of the new company.

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