Teradyne agrees to acquire Universal Robots
Date: 2015-05-01 · Type: acquisition · Company: Universal Robots
Teradyne announced an agreement to acquire Universal Robots for $285 million net of cash acquired, plus up to $65 million tied to performance targets.
- Teradyne announced an agreement to acquire Universal Robots for $285 million net of cash acquired, plus up to $65 million tied to performance targets.
- The deal positioned Teradyne early in collaborative robotics and gave Universal Robots added global reach and financial backing.
- The acquisition marked a major ownership change that helped scale Universal Robots as the leading cobot supplier.
View source
← Back to Event feed