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Partnership

Teradyne acquires AutoGuide Mobile Robots

Teradyne acquired AutoGuide Mobile Robots for 65M (8M net of cash plus 07M earnout), adding high-payload AMRs to its industrial automation portfolio alongside MiR and Universal Robots.

investment · Concluded · operating


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0af909ee-5f48-4f8e-8318-05fe92e51ddc
Type
investment
Status
Concludedoperating
Announced
2019-10-21
6.9 years ago
Active for
6.9 years

Who’s involved

Teradyneinvestor partner

US automatic test equipment for semiconductors and robotics. [Boston dynamics](/companies/boston-dynamics) parent. Public company (NASDAQ: TER).

HQNorth Reading, MAteradyne.com2 partnerships

AutoGuide Mobile Robots developed high-payload autonomous mobile robots (AMRs) for industrial material handling, including the MAX-N Tugger and Pallet Stacker. Spun out of Heartland Automation in 2017 and acquired by Teradyne in 2019 for $165M, AutoGuide was merged into [Mobile industrial robots](/companies/mobile-industrial-robots) in October 2022 to form a single Teradyne AMR business.

HQChelmsford, Massachusetts, USAautoguideagv.com2 partnerships

Most-frequent partners

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Sources (1)

  1. https://www.mmh.com/article/teradyne_to_acquire_autoguide_mobile_robots

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