Led by Mobile Industrial Robots and Universal Robots, the group’s revenue increased 15% Q/Q and 57% Y/Y.

If the first quarter of 2021 is a sign of things to come, it’s going to be a great year for Mobile Industrial Robots (MiR) and Universal Robots (UR). Both companies are owned by Teradyne, which saw its industrial automation group earn $80 million in Q1 revenue. This represents a 33% increase year-over-year and 21%…

RBR50 company AutoGuide Mobile Robots, which was acquired by Teradyne in 2019, will soon have a new leader. President and CEO Rob Sullivan resigned on March 1, but is staying on until June 1 to help the transition. Tim Moriarty, Teradyne’s president of memory products, will step into Sullivan’s role. Sullivan, 54, led AutoGuide’s spinout…