![]() ![]() With a $10,000 loan from Interfirst Bank, the group bought a PDP-11/04 minicomputer and, for their first project, designed and built a GPIB interface for it. Finally, they settled on the current name of National Instruments. ![]() They attempted to incorporate under several names, including Longhorn Instruments and Texas Digital, but all were rejected. In 1976, working in the garage at Truchard's home, the three founded a new company. Frustrated with the inefficient data collection methods they were using, the three decided to create a product that would enable their task to be done more easily. Navy, the men were using early computer technology to collect and analyze data. As part of a project conducting research for the U.S. In the early 1970s, James Truchard, Jeff Kodosky, and Bill Nowlin, were working at the University of Texas at Austin Applied Research Laboratories. ![]()
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