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National Instruments

Developer of hardware for engineers and scientists.

Headquarters:
11500 N Mopac Expwy
Austin, TX 78759
Employees: 4,600
CEO: Dr. James Truchard
Stock Symbol: NATI

Website: http://www.ni.com

Career Site

National Instruments is a technology pioneer and industry leader in virtual instrumentation, delivering today's most advanced technologies for test, control, and design. For the past 30 years, engineers and scientists in hundreds of industries have used flexible, high-performance NI products to create reliable, user-defined systems. With graphical programming software and modular, open hardware, NI has redefined how engineers work throughout the entire product design cycle, resulting in reduced time to marketing and lower development costs.

NI empowers customers with off-the-shelf software such as NI LabVIEW and modular cost-effective hardware, and sells to a broad base of more than 25,000 different companies worldwide, with no one customer representing more than 3 percent of revenue and no one industry representing more than 10 percent of revenue.

National Instruments was named one of the Best Companies to Work for in America by Fortune magazine in 2008 for the ninth consecutive year.

NI has operations in 40 countries.

The company reported record 2007 revenue of $740 million and net income of $107 million.

History

In 1976, work on the first product begins in the garage of NI President, CEO, and Cofounder, Dr. James Truchard in Austin, TX. Truchard would join the company as a full-time employee in 1979.

NI announces LabVIEW in 1986, the award-winning graphical development software package that revolutionizes the way engineers and scientists work

Benefits

Our medical, dental, and employee vision programs are comprehensive yet easy to understand and use. We provide the NI Medical Plan for eligible employees at minimal cost and keep the cost for the family very low. The NI Medical Plan lets you select any health care provider in the US, with some great incentives for choosing a provider that is part of the plan's extensive network. These incentives include no deductible, no claims forms, and paying 100% of hospital expenses. The NI Dental Plan is offered at a low cost for employee and family coverage. This plan provides comprehensive care for dental services from preventive care to children's orthodontia.

To round out the benefits program, other benefits include life insurance, dependent life insurance, and long-term disability. And you can plan for your future with the 401(k) and employee stock purchase plans.

National Instruments knows that a sound financial strategy is key to to peace of mind. It's also highly personal. That's why you'll find options that will let you create the best one for you. How about a 401(k) Plan, where you can defer a percentage of your salary on a pre-tax basis? (Plus, National Instruments will match 50 cents of every dollar, up to a total of three percent.) Or diversified investment options for your money? Loan provisions for short-term needs? We've got them all. And get this: an Employee Stock Purchase Plan (ESPP) with payroll options lets you purchase stock at 85 percent of the closing fair-market value. And other options allow you to defer pretax income to cover out-of-pocket health-care and dependent care costs.

National Instruments also offers an on-site fitness center at the MoPac facility, up to $2,000 for adoption assistance, vacation, holiday and sick leave, and an especially popular gifts program that matches your charitable contributions up to $1,000 a year. In addition, National Instruments offers tuition assistance for qualified work-related courses to provide you with the ability to ensure that your career at National Instruments will be successful. Finally, National Instruments offers the Care24 employee assistance program to assist employees in times of personal crisis.

Updated August 6, 2008