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Teradyne Acquires Universal Robots

By Juliet Van Wagenen | June 24, 2015
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[Avionics Today 06-25-2015] Teradyne, a supplier of Automated Test Equipment (ATE) and system test solutions, has completed the acquisition of Universal Robots, a supplier of collaborative robots that work side-by-side with production workers to improve quality and increase manufacturing efficiency. Collaborative robotics is a $100 million segment of the industrial robotics market growing at more than 50 percent per year, according to Teradyne.

"Universal Robots provides a powerful, additional growth platform to Teradyne," said Mark Jagiela, president and CEO of Teradyne. "We are happy to welcome the Universal team to Teradyne and look forward to helping accelerate Universal Robots' growth in the fast moving collaborative robot market."

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