Teradyne snatches up robot maker MiR in $272M deal
Teradyne snatches up robot maker MiR in $272M deal | TechCrunch TechCrunch Desktop Logo TechCrunch Mobile Logo Latest Startups Venture Apple Security AI Apps Events Podcasts Newsletters Search Submit Site Search Toggle Mega Menu Toggle Topics Latest AI Amazon Apps Biotech & Health Climate Cloud Computing Commerce Crypt
Evidence notes
- Teradyne acquired MiR for $272M, with $148M upfront and $124M contingent on performance goals.
- MiR's revenue tripled to $12M in 2017, driven by the success of its MiR200 autonomous robots.
- Teradyne is an industrial technology company with robotics exposure through Universal Robots and Mobile Industrial Robots, alongside automated test equipment.
Company context
Teradyne is an industrial technology company with robotics exposure through Universal Robots and Mobile Industrial Robots, alongside automated test equipment.