The new acquisition adds to Teradyne’s existing purchase of Universal Robots, which is the leading supplier of collaborative industrial robotic arms. Teradyne, which specialises in supplying automatic test equipment, generated approxmately $2.2 billion revenue in 2017.
Teradyne announced the acquisition of privately held MiR of Odense, Denmark for €121 million ($148 million) net of cash acquired plus €101 million ($124 million at current exchange rate) if certain performance targets are met extending through 2020. [Read more…] about Teradyne becomes leading power in collaborative robotics. Now owns MiR and Universal Robots