Brief: Teradyne Buys 10% Stake In Technoprobe For EUR 480.9 Mln

Technoprobe

27/05/2024 17:28

May 27 (Reuters) - Technoprobe SpA  TPRO.MI :
    * BUYS UNIT DEVICE INTERFACE SOLUTIONS  FROM TERADYNE
    * UNDER DEAL, TERADYNE UNIT WILL HOLD 10% STAKE IN
TECHNOPROBE
    * TERADYNE CEO GREGORY STEVEN SMITH ENTERS TECHNOPROBE BOARD
    * STRATEGIC PARTNERSHIP BETWEEN COMPANIES TO JOINTLY UNLOCK
NEW
ADVANCED TESTING SOLUTIONS FOR CUSTOMERS, ACCELERATE GROWTH
THROUGH ROADMAP SHARING, JOINT DEVELOPMENT OF TECH, CO-MARKETING
ACTIVITIES
    * FOR UNIT DEVICE INTERFACE SOLUTIONS COMPANY PAID $87.6
MILLION
    * UNDER DEAL, TERADYNE BUYS 10% STAKE IN TECHNOPROBE FOR EUR
480.9
MILLION


Further company coverage:  TPRO.MI 

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