October 21, 2019

Teradyne to Acquire AutoGuide Mobile Robots in $165M Deal

Teradyne and AutoGuide Mobile Robots today announced a definitive agreement where Teradyne will acquire privately owned AutoGuide for $165 million. The deal is for $58 million in cash, plus $107 million if certain performance targets are met, extending potentially through 2022. The companies said the acquisition is expected to close in Q4 2019, subject to closing conditions and regulatory approval.