October 21, 2019

Teradyne to acquire AutoGuide Mobile Robots

Teradyne, Inc. and AutoGuide Mobile Robots today announced they have entered into a definitive agreement under which Teradyne will acquire privately held AutoGuide for $165 million; $58 million net of cash acquired plus $107 million if certain performance targets are met extending potentially through 2022. The acquisition is expected to close in the fourth quarter of 2019, subject to customary closing conditions and regulatory approval.