Event
Teradyne announces agreement to acquire Universal Robots
Key points
- Teradyne to acquire Universal Robots for $285M plus $65M based on performance targets through 2018.
- Universal Robots sold over 4,000 collaborative robots, leading a $100M market growing over 50% annually.
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