Electro Rent and NI Announce Global Rental Collaboration
November 18 2020 - 10:00AM
Business Wire
Delivers greater flexibility for test
investments and enables customers to shift from CapEx to OpEx
model
Electro Rent and NI (NASDAQ: NATI) today announced a new
partnership to rent NI automated test and measurement solutions to
customers through Electro Rent’s expansive network, starting in
North America with a global expansion to follow in 2021.
Today’s engineers and enterprises are actively seeking new ways
to get products to market faster while lowering the cost of test.
As one of the world’s largest test equipment and solutions
providers, Electro Rent is uniquely positioned to address these
customer needs and is committed to developing the right combination
of tools, services, and financial options for every customer. The
collaboration between the two companies will deliver new
opportunities for customers to leverage industry-leading solutions
on a rental basis, often allowing them to shift investments from a
capital (CapEx) to an operational expenditure (OpEx) model, with
flexibility on term duration and savings on monthly and annual
usage.
“Our customers value flexibility and the opportunity to quickly
access critical solutions, services and expertise through a range
of financial options,” said Jason Green, NI’s SVP of global sales,
support, services and operations. “Expanding our reach and the
options available to customers through Electro Rent’s global
network will give more engineers the tools they need to increase
productivity and accelerate innovation.”
NI works closely with its global R&D lab and manufacturing
facility customers across a variety of industries, including
semiconductor, transportation, and aerospace, government and
defense. Under this partnership, NI software-connected test and
measurement solutions are now available to rent in North America.
Additionally, NI and Electro Rent intend to expand the partnership
to other regions starting next year.
“We’re excited to offer our customers rental access to NI
products. This partnership allows us to provide fast and easy
rental solutions for NI’s impressive and well-known solution
portfolio,” said Mike Clark, Americas CEO for Electro Rent.
“Combining our technical expertise and leading position in the
market with NI’s automated test solutions and software-connected
systems is a win for our customers.”
Find more information about NI products available through
Electro Rent, visit Electrorent.com.
About Electro Rent
Electro Rent is a leading global provider of test and technology
solutions that enable its customers to accelerate innovation and
optimize investments. Electro Rent's rental, lease, sales and asset
management solutions serve industry-leading innovators in
communications, aerospace and defense, automotive, energy,
industrial, education and general electronics and have done so
since 1965. More information is available at
www.electrorent.com.
About NI
At NI, we bring together the people, ideas and technology so
forward thinkers and creative problem solvers can take on
humanity’s biggest challenges. From data and automation to research
and validation, we provide the tailored, software-connected systems
engineers and enterprises need to Engineer Ambitiously™ every
day.
Electro Rent is a registered trademark of Electro Rent. All
other trade names referenced are the service marks, trademarks or
registered trademarks of their respective companies.
©2020 National Instruments. All rights reserved. National
Instruments, NI, ni.com and Engineer Ambitiously are trademarks of
National Instruments Corporation. Other product and company names
listed are trademarks or trade names of their respective
companies.
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version on businesswire.com: https://www.businesswire.com/news/home/20201118005207/en/
Brian Stowell Vice President, Marketing Electro Rent
818.324.8525
Amy Cearley NI Public Relations PR@ni.com
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