Teradyne, Inc.

Teradyne, Inc. is a leading global provider of automated test equipment. Established in 1960, the company designs, develops, manufactures, sells, and supports automatic test equipment for the semiconductor, defense/aerospace, storage, industrial automation, and wireless industries. It is headquartered in North Reading, Massachusetts and has regional offices in Asia and Europe.

The company operates four segments: Semiconductor Test, System Test, Industrial Automation, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer, and electronic game applications. This segment also provides FLEX test platform systems, J750 test system to address the volume semiconductor devices, Magnum platform that tests memory devices, ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.

The System Test segment offers defense/aerospace test instrumentation and systems, storage test systems, and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name.

Teradyne, Inc. has grown to become the largest supplier of automatic test equipment in the world. Its market capitalization stands at over $15.7 billion, and the company continues to expand into new markets. In 2021, Teradyne also acquired Mobile Industrial Robots A/S, a Danish-based maker of autonomous mobile robots, in a deal worth $290 million. With this acquisition, the company further strengthened its Industrial Automation segment and bolstered its position as a provider of advanced robotic technology for manufacturing and logistics.