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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.

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