Company Info National Instruments Corp. Employees 7, Sector Precision Products. Sales or Revenue 1. Industry Industrial Goods. Key People National Instruments Corp.
Michael E. Gayla J. Delly Director National Instruments Corp. Duy-Loan T. Le Independent Director Atomera, Inc. Gerhard P. Liam K. Karen M. Ritu C. Jason Green Chief Revenue Officer. Duncan G. Kevin Ilcisin Vice President-Strategy. Jordan Griffith Product Marketing Manager. Alexander Mathew Davern Director. Ana Villegas Chief Marketing Officer. Marissa Vidaurri Head-Investor Relations.
McGrath Chairman. Delly Independent Director. Le Independent Director. Fettweis Independent Director. James E. Cashman Independent Director. Griffin Independent Director. Average Growth Rates. Insider Trading. Most Recent Insider Transactions Data temporarily not available. Ownership National Instruments Corp. Rowe Price Associates, Inc. Investment Management LLP 3.
LLC 2. Source: FactSet Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. James J. Kodosky and William Nowlin, and was incorporated in Texas in May of that year.
The three were involved in dozens of projects ranging from basic research to applied products and developing systems for testing military equipment, primarily for the U. By the time they left the university, Truchard had worked on or been involved in systems on virtually every ship and submarine in the Navy. The company was founded with the goal of creating "a company that could grow by doing very innovative work that could be widely used. A square-foot office space was eventually rented and Truchard hired a neighbor part-time as the company's first non-founder employee.
Nowlin, serving as a director and secretary, and Truchard designed the hardware and Kodosky, serving as a director, wrote the software. Truchard doubled as the marketing director, writing the company's press releases. The first product was shipped in and, by the early s, the company was doing both custom instrumentation work and manufacturing off-the-shelf products.
From to , the company's revenues grew steadily. Kodosky was appointed vice-president of the company in and was promoted to vice-president of research and development in In , the fledgling company dropped its custom work and focused on building off-the-shelf GPIB products inter-tool communication devices, similar to printer ports.
Realizing that an application software environment would be needed which engineers and scientists could utilize with GPIB interface products in instrumentation control applications, Truchard charged Kodosky with creating an intuitive software product for that purpose. After spending three years armed with 10 Macintosh computers, tons of junk food, no windows or clocks, and the occasional foraging trips to a local Middle Eastern restaurant, the development team created Laboratory Virtual Instrument Engineering Workbench, also known as LabVIEW, which was released in for use with Macintosh computers.
In an article in the July 12, issue of Investor's Business Daily, Truchard said, "with LabVIEW," the company's flagship application software, the company's "goal was to do for scientists and engineers what the spreadsheet had done for financial analysis. LabWindows provided programmers who preferred text-based languages a set of interactive code generation development tools, but let them continue programming with the methodology they had become familiar with. Dehne joined the company in as an applications engineer.
Also that year, the company opened its first international office in Tokyo. In , the company began issuing a quarterly newsletter, Instrumentation Newsletter, with feature articles, new product information, user-solution case studies, and new instrumentation technology to educate current and prospective customers about the company's products and technologies.
As the company entered the s, it was growing by leaps and bounds. In , NASA utilized a computer software program developed by the company to help trace fuel system leaks affecting space shuttle launches. By January , the company's products were being utilized in a wide range of industries.
That same year, the company purchased the rights to HiQ, a Macintosh-based, integrated graphical environment, numerical analysis, and data visualization software package which allowed the company to deliver all the software components needed for the scientific method. In the company was reincorporated in Delaware. That year, the company added a ,square-foot manufacturing and engineering facility to the existing , square feet of office space on 69 acres it owned in north Austin.
The company also became ISO compliant.
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