# Teradyne acquires Mobile Industrial Robots: acquisition

Canonical ID: `54aa4662-bf7c-43ad-9f60-15ec8b5c11e4`

Teradyne acquired Danish autonomous-mobile-robot maker Mobile Industrial Robots (MiR) for ~$148M net of cash plus earnout (2018), pairing MiR with Universal Robots under Teradyne.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $148.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Teradyne](https://registry.deploy.report/companies/teradyne.md)
- **Acquired:** [Mobile Industrial Robots](https://registry.deploy.report/companies/mobile-industrial-robots.md)

## Timeline

- **Announced:** 2018-04-25
- **Closed:** 2018-04-26

## Sources (1)

1. https://techcrunch.com/2018/04/26/teradyne-snatches-up-robot-maker-mir-in-272m-deal/


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