Event
Teradyne snatches up robot maker MiR in $272M deal
Key points
- Teradyne acquired MiR for $272M, with $148M upfront and $124M contingent on performance goals.
- MiR's revenue tripled to $12M in 2017, driven by the success of its MiR200 autonomous robots.
Company context
Teradyne is an industrial technology company with robotics exposure through Universal Robots and Mobile Industrial Robots, alongside its core automated test equipment business.
Context
- Company
- Teradyne
- Segment
- Industrial
- Event type
- Acquisition
- Geography
- North Reading, Massachusetts · United States