Teradyne
About
About Teradyne
Teradyne supplies automated test equipment and industrial robotics. Its test businesses serve semiconductor and electronic-system manufacturers, while its robotics group comprises Universal Robots and Mobile Industrial Robots. Universal Robots makes collaborative arms, with PolyScope software and an ecosystem of tooling, application kits and integration partners adapting them to factory tasks such as welding, finishing and assembly.
MiR develops autonomous mobile platforms and pallet-moving systems for internal logistics. Its fleet software coordinates transport jobs and connects vehicles with warehouse or enterprise systems. The two robotics businesses address manipulation at a workstation and movement of materials between stations. Teradyne's robotics AI work spans UR and MiR, combining these specialist products with research and engineering for more adaptable factory automation.
Articles
Supply
Supply chain relationships
Financials
- TER - NASDAQ
Team
- Greg Smith - President and Chief Executive Officer
- Jean-Pierre Hathout - President, Teradyne Robotics Group and Universal Robots
- Michelle Turner - Vice President and Chief Financial Officer - Oversees finance, information technology and global infrastructure.
- James Davidson - Chief AI Officer - Leads AI integration across Universal Robots and MiR.
Resources
Media library
- Teradyne portfolio: Universal Robots cobot
image · Universal Robots
Source - Teradyne portfolio: MiR autonomous mobile robot
image · Mobile Industrial Robots
Source - Teradyne Magnum 7H test platform
image · Teradyne
Source - Teradyne ETS-88TH test system
image · Teradyne
Source
Authoritative annual reporting, corporate-responsibility material and press resources for Teradyne. Routine news and ordinary press releases are excluded.
- Teradyne 2025 Annual Report
PDF · FY 2025 · Teradyne
Source - Teradyne 2025 Corporate Social Responsibility Report
PDF · Corporate responsibility 2025 · Teradyne
Source - Teradyne press kit
WEB · Company and products · Teradyne
Source
Timeline
Events
- 2026-10-21 - Partnership - Teradyne Robotics and Sereact formalize physical-AI partnership
Applications include returns handling, replenishment, piece picking, sortation and kitting. The GTC demonstration uses two UR 12 e-1300 arms to mirror returns handling at operating logistics sites. Zalando sites in Greven and Świebodzin, operated with CEVA Logistics, illustrate the existing deployment base.
Source - 2026-10-05 - Funding - Teradyne invests in Bright Machines alongside planned manufacturing collaboration
Proposed applications include precision robotic assembly, test-equipment loading and unloading, and autonomous material movement. The companies aim to connect assembly, robot-operation and electrical-test data into a continuous production record. Bright Machines reports experience from more than 130 microfactory deployments across over 10 countries.
Source - 2026-07-28 - Market Signal - Teradyne reports USD 100 million of Q2 Robotics revenue
Robotics revenue was USD 100 million for the second quarter of 2026. Group revenue was USD 1.329 billion, including USD 1.122 billion from Semiconductor Test and USD 107 million from Product Test. Management said all three business groups expanded year on year.
Source - 2026-06-22 - Partnership - Vention and Teradyne optimize digital twins for UR cells
MachineBuilder models UR robotic cells. The collaboration connects Vention and Teradyne Robotics workflows. The companies announced the work on 22 June 2026.
Source - 2026-06-08 - Demonstration - Teradyne Robotics stages physical-AI demos at Automate 2026
The booth included hourly PolyScope X demos for AI-ready robotics workcell control. Partner demos used UR robots for imitation learning, cable insertion, sanding, machine tending and bin-picking tasks. MiR demos showed mobile material flow with pallet-jack and mobile-cobot configurations rather than a customer deployment claim.
Source - 2026-04-22 - Partnership - Flex and Teradyne Robotics expand global manufacturing partnership
Flex will provide advanced manufacturing and supply-chain services for both Universal Robots and Mobile Industrial Robots. The programme covers collaborative robot arms and autonomous mobile robots rather than a single model. Flex contributes global engineering, production, supply-chain, logistics and lifecycle capabilities to the expanded programme.
Source - 2025-12-09 - Facility Opening - Teradyne to Open New US Operations Hub in 2026
Teradyne Robotics selected Wixom, Michigan for a new U.S. Operations Hub scheduled to open in 2026. The facility will manufacture Universal Robots collaborative robots and may also produce MiR autonomous mobile robots. The site is expected to create more than 200 jobs and combine manufacturing with customer training, service and demonstrations.
Source - 2024-03-19 - Product Launch - Teradyne Robotics and NVIDIA expand AI integration across industrial robots
The integration covers both Universal Robots collaborative manipulators and Mobile Industrial Robots autonomous material-handling systems. Universal Robots demonstrated an AI-powered autonomous inspection application at NVIDIA GTC in San Jose. Teradyne said the work would also enhance functionality in the MiR1200 Pallet Jack introduced during the same week.
Source - 2022-10-05 - Org Change - MiR combines with AutoGuide under one AMR business
The integrated business officially became MiR at the end of September 2022. AutoGuide added high-payload tuggers and forklifts to MiR's portfolio. Walter Vahey became president of the combined business.
Source - 2019-10-21 - Acquisition - Teradyne to Acquire AutoGuide Mobile Robots for $165 Million
Teradyne will acquire AutoGuide Mobile Robots for $165 million, with potential additional payments based on performance. AutoGuide's products include high-payload AMRs capable of transporting up to 10,000 pounds, enhancing Teradyne's automation portfolio.
Source - 2018-04-25 - Acquisition - Teradyne acquires MiR for $148 million plus contingent consideration
The purchase comprised EUR121 million ($148 million) net of cash acquired at closing. An additional EUR101 million ($124 million at the announced exchange rate) depended on performance targets through 2020. MiR continued from Odense as Teradyne's autonomous mobile robot business.
Source - 2015-06-11 - Acquisition - Teradyne completes $315.437M acquisition of Universal Robots
Teradyne acquired all outstanding equity of Universal Robots on June 11, 2015. The filed acquisition-date purchase price was $315.437 million: $283.8 million cash plus $31.6 million of contingent consideration at initial fair value. A separately disclosed maximum earnout of $65 million was not included in the filed acquisition-date purchase price.
Source - 2015-05-18 - Acquisition - Teradyne announces agreement to acquire Universal Robots
Teradyne to acquire Universal Robots for $285M plus $65M based on performance targets through 2018. Universal Robots sold over 4,000 collaborative robots, leading a $100M market growing over 50% annually. Teradyne is an industrial technology company with robotics exposure through Universal Robots and Mobile Industrial Robots, alongside automated test equipment.
Source
Relations
Relationships
- Sereact
Technology Partner - Teradyne Robotics and Sereact formalized their partnership for Cortex-powered Universal Robots systems in retail, logistics and manufacturing.
- NVIDIA
Platform Support - Teradyne Robotics integrates NVIDIA Isaac libraries, simulation and AI models.
- AutoGuide Mobile Robots
Acquired Company - Teradyne to Acquire AutoGuide Mobile Robots for $165 Million
- Vention
Verified Robotics Partner - Vention and Teradyne collaborated on a MachineBuilder digital-twin environment optimized for Universal Robots cells.
- Honeywell International
Warehouse Automation Partnership - Teradyne Robotics and Honeywell combine MiR and UR robots with Momentum warehouse software and integration services.
- Analog Devices
Semiconductor Automation Partnership - Teradyne Robotics and Analog Devices partnered to develop and deploy robots, AI and software for semiconductor manufacturing automation.
- Siemens AG
Factory Automation Collaboration - Teradyne Robotics and Siemens collaborate on the MxD robotics showcase and interoperability for UR and MiR robots.
- Bright Machines
Partner - Bright Machines and Teradyne will evaluate robotics and test-system integration for AI infrastructure manufacturing.
Context
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Context tags
- Industrial robotics market participation - Workflow
- AGV/AMR intralogistics builder - Stack Layer