Teradyne (NYSE:TER) is a leading supplier of automation equipment for test and industrial applications. Teradyne Automatic Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers.
Recent News Items
Teradyne units Universal Robots and Mobile Industrial Robots have incorporated NVIDIA AI for the first time.
Kumar has scaled businesses at major multinationals during his career, including General Motors, General Electric, and Honeywell.
See a revenue breakdown for both Universal Robots and Mobile Industrial Robots, which are both owned by Teradyne.
The Robotics Summit & Expo, which will be in Boston in May 1-2, will feature speakers from leading robotics innovators across industries.
Teradyne named Ujjwal Kumar, whose 25-year career has spanned multiple companies and industries, as the Group President of Teradyne Robotics.
This is a $28 million increase from the $376 million it brought in during 2021. In 2022, UR brought in $326 million, while MiR brought in $77 million.
Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
Teradyne companies Mobile Industrial Robots (MiR) and AutoGuide Mobile Robots have merged to become a single supplier of autonomous mobile robots (AMRs).
Revenue declined slightly from the $103 million generated in the first quarter of 2022.
Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the Company’s Chief Executive Officer.
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