Teradyne Completes Acquisition of Universal Robots
Collaborative robotics is a $100 million segment of the industrial robotics market growing at more than 50% per year.
NORTH READING, Mass.--Teradyne, Inc. (NYSE:TER) announced today that it has completed the acquisition of Universal Robots, the leading supplier of collaborative robots; low-cost, easy-to-deploy and simple-to -program 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% per year.
"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."
About Teradyne
Teradyne (NYSE:TER) is a leading supplier of automation solutions for test and industrial applications. Teradyne Automated Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers. Our Industrial Automation solutions include Collaborative Robots used by global manufacturing and light industrial customers to improve quality and increase manufacturing efficiency. In 2014, Teradyne had revenue of $1.65 billion and currently employs approximately 4,000 people worldwide. For more information, visit NORTH READING, Mass.--(BUSINESS WIRE)--Teradyne, Inc. (NYSE:TER) announced today that it has completed the acquisition of Universal Robots, the leading supplier of collaborative robots; low-cost, easy-to-deploy and simple-to -program 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% per year.
"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."
"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."
About Teradyne
Teradyne (NYSE:TER) is a leading supplier of automation solutions for test and industrial applications. Teradyne Automated Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers. Our Industrial Automation solutions include Collaborative Robots used by global manufacturing and light industrial customers to improve quality and increase manufacturing efficiency. In 2014, Teradyne had revenue of $1.65 billion and currently employs approximately 4,000 people worldwide. For more information, visit www.teradyne.com. Teradyne(R) is a registered trademark of Teradyne, Inc. in the U.S. and other countries. . Teradyne(R) is a registered trademark of Teradyne, Inc. in the U.S. and other countries.
Featured Product
FLIR Si1-LD - Industrial Acoustic Imaging Camera for Compressed Air Leak Detection
The FLIR Si1-LD is an easy-to-use acoustic imaging camera for locating and quantifying pressurized leaks in compressed air systems. This lightweight, one-handed camera is designed to help maintenance, manufacturing, and engineering professionals identify air leaks faster than with traditional methods. Built with a carefully constructed array of MEMS microphones for high sensitivity, the Si1-LD produces a precise acoustic image that visually displays ultrasonic information, even in loud, industrial environments. The acoustic image is overlaid in real time on a digital image, allowing you to accurately pinpoint the source of the sound, with onboard analytics which quantify the losses being incurred. The Si1-LD features a plugin that enables you to import acoustic images to FLIR Thermal Studio suite for offline editing, analysis, and advanced report creation. Field analysis and reporting can also be done using the FLIR Acoustic Camera Viewer cloud service. Transferring of images can be managed via memory stick or USB data cable. Through a regular maintenance routine, the FLIR Si1-LD can help facilities reduce their environmental impact and save money on utility bills.
