Teradyne agrees to acquire AutoGuide Mobile Robots
Date: 2019-10-21 · Type: acquisition · Company: AutoGuide Mobile Robots
Teradyne and AutoGuide announced a definitive agreement for Teradyne to acquire AutoGuide for $165 million, structured as $58 million net of cash acquired plus up to $107 million in performance-based consideration.
- Teradyne and AutoGuide announced a definitive agreement for Teradyne to acquire AutoGuide for $165 million, structured as $58 million net of cash acquired plus up to $107 million in performance-based consideration.
- The deal brought a high-payload AMR supplier into Teradyne's industrial robotics portfolio alongside Universal Robots and MiR.
- The acquisition reflected AutoGuide's strategic position in heavy-duty material handling rather than low-payload warehouse AMRs alone.
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