imgres-16National Instruments, once a startup created by University of Texas graduate students, plans to create 1,000 new jobs and spend $80 million expanding its Austin campus.
National Instruments will also receive $4.4 million from the Texas Enterprise Fund and other incentives from the City of Austin.
“Central Texas’ flourishing high tech industry is further strengthened by National Instruments’ expansion, which will create 1,000 technical and engineering jobs and bolster Austin’s status as a hub for research, development and innovation,” Gov. Rick Perry said in a news statement.
National Instruments, which makes test equipment and software including LabVIEW, a graphical development program, plans to build a 300,000 square foot building next to its current site in North Austin.
“National Instruments was founded in Austin over 35 years ago and has grown to a global company, supplying tools to scientists and engineers around the world to accelerate productivity, innovation, and discovery,” National Instruments Chief Operating Officer Alex Davern said in a news statement.
The Austin American Statesmen has more on the announcement in this story by Kirk Ladendorf.